Pakistan crisis lifts gold
UK: Monday, December 31 - 2007 at 15:57
Gold rose above $843 an ounce in early London trading due to concerns over the ongoing political crisis in Pakistan and the continued weakness of the dollar, reported the AFP. The yellow metal was in sight of its $850 all-time high set in 1980 but slipped back to $840.8. Gold hit a 27 year peak of $845.8 an ounce on November 7 and this too could be breached.
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Jonathan Sheikh-Miller, Deputy EditorMonday, December 31 - 2007 at 15:57 UAE local time (GMT+4)
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