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ABC News.com reports that Palladium went up on Thursday, encouraged by the strong GM (NYSE:GM) IPO and other manufacturing data.
ABC News.com reports that Palladium went up on Thursday, encouraged by the strong GM (NYSE:GM) IPO and other manufacturing data.
The story is quoted as saying:
The other upbeat news for industrial metals came as GM’s stock began trading, which signaled a new era for the automobile manufacturer that had collapsed into bankruptcy and required a government bailout. Palladium and platinum, which are both key materials for catalytic converters, settled higher
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