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IBTimes reported on ETFs falling dramatically across most sector noting palladium was one of the hardest hit.
IBTimes reported on ETFs falling dramatically across most sector noting palladium was one of the hardest hit.
As quoted in the market news:
ETFS Physical Palladium Shares (NYSE: PALL)If you thought that ETFs such as the SPDR Gold Shares (NYSE: GLD) have it rough lately, you’d be correct, but gold has actually looked decent when measured against palladium. PALL was able to cruise from the low $60s to the $70s by the end of February and retested around $71-$72 in early March before falling to pieces. The lone ETF backed by physical palladium has lost 9% in the last week alone and is now down 10% on the year.
Click here to read the full IBTimes report.