Industrial Metals Rise on Recovery Hopes

Precious Metals

CNBC reports industrial metal prices are on the rise as the demand for copper, platinum and palladium increases.

CNBC reports industrial metal prices are on the rise as the demand for copper, platinum and palladium increases.

The market news is quoted as saying,

As the economy grows, so does demand for industrial metals like copper, palladium and platinum. Copper for September delivery rose 10.7 cents to settle at $4.442 a pound. October platinum gained $9.60 to settle at $1,433 an ounce and September palladium rose $13.35 to $786.55 an ounce.

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