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Lewa Pardomuan

Platinum strikes record; gold near all-time high

Platinum struck a record for the second straight day on Tuesday, catching up with gold as a weaker United States dollar and persistent supply problems in South Africa ignited buying from speculators and investors. Platinum's gains pushed up sister metal palladium to a six-and-a-half year high.

Gold nears record high on dollar, Pakistan turmoil

Gold rallied to a seven-week high on Monday and close to a record high of on speculative buying driven by a weak United States dollar and tensions in Pakistan following the assassination of opposition leader Benazir Bhutto. Gold has risen more than 30% this year -- the biggest annual gain since 1979.

Cocoa markets boil as Ivory Coast rebels advance

The global cocoa market is heating up on growing fears of supply disruption after rebels captured a key cocoa centre in top producer Ivory Coast, industry sources said on Monday.

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