Gold hits 28-year high- $745

September 28, 2007

Gold jumped 1.6 percent to a 28-year high on Friday, boosted by a record low dollar and firmer oil prices, while platinum reached a 10-month peak and looked to test an all-time high. Spot gold rose as high as $745.50 an ounce, its highest level since January 1980 when the metal rose to $850.

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