Palladium in limbo over auto bailout

Palladium Investing News reports palladium price rebounded on Monday’s trading to more than 5%.

Palladium hit $176.50 per ounce as technical buying emerged after demand worries stemming from an ambiguous auto industry vote hit platinum group metals on Friday. Platinum and palladium traders are still awaiting the outcome of a new vote; anticipated to come through on Wednesday.

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