Industrial Metals Surge

The Street reported industrial metals surged after data showed an increase in United States factory orders.

As quoted in the market news:

After two months of declines, U.S. factory orders increased 0.7 percent in May from April, the Commerce Department said. Businesses ordered more equipment, including computers and machinery.

October platinum increased $33.10 to $1,491.40 per ounce, and September palladium rose $20.90, or 3.6 percent, to $598.90 per ounce.

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