ETFs: Palladium Plummets

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.