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Gold Soars, Palladium Plunges as Markets Shrug Off G7
Aug. 08, 2011 05:50AM PST
Precious Metals InvestingReuters reports that palladium has fallen 14 percent over the past six trading days as the economic crisis deepens in the US.
Reuters reports that palladium has fallen 14 percent over the past six trading days as the economic crisis deepens in the US.
The market news is quoted as saying,
Platinum was flat on the day, around $1,714.00 an ounce, while palladium was down nearly 2 percent at $725.50. The palladium price has fallen by more than 14 percent in the last 6 trading days, since hitting a five-month high.