Gold and platinum hit all-time highs yesterday on dollar weakness, supply concerns, firm oil and expectations of more interest rate cuts in the US. Spot gold hit an intraday high of US$914.50 an ounce (US$32.3 a gram), surpassing last week's record peak. Gold was last quoted at US$907.00/US$907.70 an ounce in New York on Thursday. Platinum hit another record high of US$1,618.50 an ounce on investment demand, gains in gold and after Lonmin PLC slashed its sales outlook for the year. The metal was last quoted at US$1,606/US1,611 an ounce in New York.

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