Gold on four-year high

GOLD was near four-month highs of $1168,70 an ounce in Europe yesterday as the euro surged against the dollar after euro zone finance ministers agreed to a R295billion aid package for debt-laden Greece.

GOLD was near four-month highs of $1168,70 an ounce in Europe yesterday as the euro surged against the dollar after euro zone finance ministers agreed to a R295billion aid package for debt-laden Greece.

Platinum and palladium prices also rallied, touching 20-month and two-year highs respectively, lifted by strength in gold and expectations in demand for the precious metals. -Reuters

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