Gold and platinum hit a high

A sickly dollar and firming oil prices swept gold to a 28-year high of $747,70 per troy ounce yester-day, while platinum was set in London at a record high of $1396 per ounce aided by rising bullion prices and worries over supply. Analysts said that fund buyers, seeking safe stores for their cash due to unease over credit market problems, would target a record high above $800. - Reuters

A sickly dollar and firming oil prices swept gold to a 28-year high of $747,70 per troy ounce yester-day, while platinum was set in London at a record high of $1396 per ounce aided by rising bullion prices and worries over supply. Analysts said that fund buyers, seeking safe stores for their cash due to unease over credit market problems, would target a record high above $800. - Reuters

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