Friday, Jan 25, 2008
Records broken as $ resumes decline
Reuters: Gold, platinum hit record.
"Gold and platinum soared to historic highs on Friday amid a power crisis that shut South African mines, firm oil prices and expectations of more U.S. rate cuts. Gold hit a high of $923.40 an ounce, spot platinum hit a lifetime high of $1,697 an ounce". ," Ross Norman, managing director at TheBullionDesk.com, said."We hold with our view that gold will hit a high of $1,250 this year,"
Posted by alan @ 09:09 PM (256 views) Add Comment
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