Gold, platinum hit record peaks
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Gold and platinum prices struck fresh record highs on Friday as investors rushed once more to invest in commodities amid a recovery on global stock markets, analysts said.
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Gold hit another record high on Monday and may touch the psychological level of $900 an ounce soon as uncertainty in financial markets and expectations of aggressive U.S. rate cuts raised its safe-haven appeal.
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Pritam is definitely on a high at the moment. With the music of Dhoom 2 already hitting the gold spot, Bhagam Bhag too seems to be rocking the charts.
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Late singer Ray Charles' final album of duets goes platinum after sales of more than one million.
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Gold hit a 28-year high in Europe on Friday as the dollar's continued slide to record lows versus the euro raised the metal's appeal to speculative investors.
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Platinum roared to another record  high on Monday as supply concerns persisted in main producer  South Africa, lifting sister-metal palladium to its best level  in six years.
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Gold surged 2 percent to trade above  $900 on Thursday and platinum hit a historic high, as investors  snapped up the metals on dollar weakness and firmer oil prices,  analysts said.
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NEW YORK (Billboard) - To get a sense of the creative  ambitions and commercial expectations surrounding the second  Atlantic Records release from the Donnas, look no further than  the title of their latest effort: "Gold Medal."
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Gold rose to a new 16-year high in London on Thursday as the dollar fell to a record low against the euro, increasing the appeal of the US denominated commodities as a hedge against declines in US asset prices.
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Gold surged to a historic high above $910 an ounce, as investors rushed to buy the metal on further weakness in the dollar and expectations of a sharp cut in U.S. interest rates.
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Platinum roared to another record high on Monday as supply concerns in main producer South Africa persisted, lifting sister metal palladium to its best level in six years.
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Gold and platinum both hit fresh record highs, lifted by expectations of a cut in US interest rates.
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Anglo-Australian mining giant BHP Billiton said Wednesday it had set or equalled record production figures for seven commodities in the six months to December.
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Gold hit its highest level in more than 16 years on Tuesday as a steadier dollar failed to cool worries over the currency's outlook, while Asian stocks gained modestly after a solid performance on Wall Street.
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Gold hit another record high on Monday before losing some strength, but turmoil in financial markets and expectations of aggressive U.S. rate cuts may help the metal touch the psychological level of $900 an ounce soon.
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Platinum hit another record high on  Monday on the back of lingering supply concerns in South  Africa, which produces four-fifths of the world's metal.
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Platinum hit a record high for the 13th successive day on Monday on lingering power supply shortages which have disrupted mining in main producer South Africa.