Posted AT 6:53 AM EDT on 07/03/08
Gold's advance continues
LONDON — Gold drifted higher towards the key $1,000 (U.S.) level on Friday after slipping from record highs in the previous session, with investors awaiting U.S. jobs data for near-term direction.
A record low dollar against the euro and strong oil prices were seen underpinning gold prices, but platinum and palladium fell sharply on expectations that South African power problems could improve in the coming weeks.
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