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    market news

    Long Palladium, Short Platinum Spread Improves

    Investing News Network
    Sep. 10, 2012 11:15AM PST
    Precious Metals

    Futures reported the long palladium and short platinum spread is continuing to improve.

    Futures reported the long palladium and short platinum spread is continuing to improve.

    As quoted in the market news:

    October platinum closed at $1,596.30, up $9.90 while December palladium closed at $654.75 per ounce, up $7.00. Our spread of long palladium, short platinum improved yet again with platinum gaining only 0.4% while palladium managed a 1.1% gain. For the week platinum gained 4% with palladium gaining slightly more that 4%. Stay with the spread.

     Click here to read the full Futures report.
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