World stocks rose, gold hit another record high and the dollar fell to its weakest in a year against a currency basket on Wednesday after the Federal Reserve expressed confidence in the durability of the U.S. recovery. Federal Reserve officials raised their 2010 growth estimate in the minutes to their November meeting, but they did not see employment picking up soon. The report did not change the market's view that U.S. rates will stay low for some time. "The Fed's comments are helping to lift investor sentiment, driving a rally by commodity stocks," said Mic Mills, senior trader at ETX Capital. "But with Thanksgiving tomorrow, the market remains very volatile," he added.Gold prices struck a record high for a second time this week, rising as high as $1,182.10 an ounce, lifted by a newspaper report that India was "open to buying" more gold from the International Monetary Fund and by broad dollar weakness. U.S. crude oil prices rose 0.5 percent, taking them above $76 per barrel.