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    Fedsday Cometh! Plus, More Sci-Fi!

    Written by Investing News Network
    |
    Jun. 22, 2011 09:36AM PST

    Resource Investor reports that sideways action continued in the precious metals markets for a third session, ahead of the Fed’s policy statement.

    Resource Investor reports that sideways action continued in the precious metals markets for a third session, ahead of the Fed’s policy statement.

    The market news is quoted as saying,

    Platinum and palladium opened mixed-to-unchanged as players in that niche appeared to have headed out the door for an early summer hiatus. The former fell $3 to open at $1,744.00 while the latter gained $1 to start at $766.00 the ounce. No changes were seen in rhodium at $1.950.00 bid this morning. Automaker Daimler posted a robust comeback in 2010 and its executives are optimistic about the firm’s prospects for the current year.

    For the complete market news, click here.

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