Copper, palladium fall on Japan’s slowing economy

Precious Metals

CNBC reports that copper and palladium prices fell Wednesday after Japan said declines in production and consumer spending will limit growth as it rebuilds.

CNBC reports that copper and palladium prices fell Wednesday after Japan said declines in production and consumer spending will limit growth as it rebuilds.

The market news is quoted as saying,

About 16 percent of global palladium demand comes from Japan, where it is used in catalytic converters, industrial production and dental products, according to a report from BNP Paribas.

For the complete market news, click here.

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