Gold Eased On Profit Taking

Gold fell on Thursday on profit taking but traded not far from one-month highs.

Platinum also slipped from a record high, but analysts said they expected the metal to hit new highs in the near term.

Spot gold rose as high as $825.40 an ounce before falling to $821.70/822.40 at 1051 GMT, against $823.00/824.30 late in New York on Wednesday, when it hit a high of $826.10, the highest since Nov. 27.