* Turkish imports rise to 18.5 tonnes in April
* Russia, Turkey raised gold reserves in March - IMF (Updates prices, adds comments)
By Clara Denina
LONDON, April 25 (Reuters) - Gold climbed nearly 2 percent to its highest in 10 days on Thursday, boosted by a weaker dollar, firm prices in other commodities and continued demand for the physical metal, which has supported the market for more than a week.
Traders also cited support from central bank buying after International Monetary Fund data showed that Russia, Kazakhstan and Turkey had continued to add to their holdings in March. Turkey imported 18.5 tonnes in the first three weeks of April.
But daily outflows from exchange-traded funds showed no sign of abating, suggesting that sagging investor confidence is unlikely to be restored any time soon after last week's sell-off.
Spot gold rose as high as $1,457.40 an ounce earlier, its highest since April 15, and some 10 percent above a two-year low of $1,321.35 hit last week. It stood at $1,454.76 an ounce by 1436 GMT, up 1.7 percent.
U.S. gold for June delivery rose 2 percent to $1,452.60 an ounce.
"There has been a massive surge in terms of physical interest in Asia - we had a record level of shipments to India last week, which was twice the level of the previous week," Standard Chartered analyst Daniel Smith said.
"Delays at the refineries in Europe are running between two to six weeks."
Analysts also said that prices were pushed higher by short-covering, which occurs when traders are forced to buy an asset they had agreed to sell at a future date in expectations its price would fall.
"The weaker dollar may be helping, but the historical inverse correlation between the currency and gold has been patchy in the past few days," Standard Bank analyst Walter de Wet said.
The dollar pared losses versus the Japanese yen and euro after U.S. data showed the number of Americans filing new claims for unemployment benefits fell last week. It, however, remained widely lower.
The positive economic figure came after a soft patch of data in previous days that has raised hopes that the Federal Reserve will keep its bond-buying programme through 2014.
Accommodative monetary policies favour gold, because low interest rates encourage investors to put money into non-interest-bearing assets.
The market was now awaiting U.S. GDP numbers for the first quarter on Friday.
European and U.S. shares rose, while copper hit a one-week high, and crude oil was steady above $102 per barrel.
ETFs SELL, CENTRAL BANKS BUY
Holdings of the largest gold-backed ETF, New York's SPDR Gold Trust, dropped a further 0.38 percent on Wednesday from Tuesday to their lowest since late 2009.
Russia and Turkey raised their gold reserves in March, the International Monetary Fund (IMF) said on Wednesday, which was ahead of the spectacular plunge in prices this month that shocked ardent gold investors and bulls.
Gold had come under pressure earlier this month after the European Central Bank and IMF asked Cyprus to sell reserves to raise around 400 million euros ($523 million) as part of a bailout deal, leading to speculation other indebted euro zone countries could follow suit.
Meanwhile, physical demand has helped gold bounce from a two-year trough of $1,321.35 an ounce hit last week. Premiums for gold bars soared to multi-year highs in Asia on low supplies, with dealers in top consumer India expecting a surge in imports this month.
"We expect a pause in terms of the physical market because we need to restock the whole chain for gold and in about two to four weeks a lot more supply will come through to meet that extra demand," Smith said.
"That will be the real test of how strong demand is."
Among other precious metals, silver rose 3.6 percent to $23.93 an ounce, platinum gained 1.8 percent at $1,452 an ounce and palladium was up 1.7 percent to $676.72 an ounce. (Additional reporting by Lewa Pardomuan in Singapore; Editing by Jane Baird and Alison Birrane)