USD 73.3806

-0.78

EUR 86.5011

-0.72

BRENT 46.09

+1.74

AI-92 43.34

-0.01

AI-95 47.6

+0.01

AI-98 53

-0.01

Diesel 47.88

-0.01

84

Gold Reached $700

Gold spiked up to a new 25-year high above $700 per ounce

Gold spiked up to a new 25-year high above $700 an ounce on Tuesday on dollar weakness, while platinum set a new record on strong industrial demand and fund buying.

Other precious metals also gained from the bullish environment in commodities, which saw copper setting a new record and aluminum surging to an 18-year peak.

Spot gold broke through stiff resistance to reach $700.30 late in New York, before edging to $699.90/700.90 an ounce -- up 3.2 percent from Monday's close at $677.90/8.90.

It soared to an all-time high of $850 in 1980.