Gold rises

Published December 28, 2007

LONDON, Dec 27: Gold hit a one-month high on Thursday as buying picked up after news that former prime minister of Pakistan Benazir Bhutto has been killed in an attack.

Spot platinum set a historic peak, tracking gold prices and supported by positive fundamentals, traders said.

A weaker dollar after data showing lower-than-expected US durable goods orders in November also supported precious metals.

Spot gold rose as high as $830.05 an ounce, the highest since Nov. 26—Reuters