Sunday, April 22, 2007

Gold near 11-month high, helped by platinum

(Reuters) - Gold hovered near an 11-month high just below the psychological level of $700 an ounce on Monday, while platinum was supported by the prospect of the launch of more exchange-traded funds (ETFs).

Gold was also buoyant as funds continued to shift into the metal based on the dollar's bearishness and strength in energy prices.


Read more at Reuters Africa

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