Long Palladium, Short Platinum Spread Improves

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.