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    market news

    Metals Contracts Surge On Central Bank Action

    Investing News Network
    Nov. 30, 2011 02:18PM PST
    Precious Metals

    The Street reported metals prices surged Wednesday on news that the world’s central banks will launch a coordinated effort to lower borrowing costs.

    The Street reported metals prices surged Wednesday on news that the world’s central banks will launch a coordinated effort to lower borrowing costs.

    As quoted in the market news:

    Palladium for December delivery surged 4.9 percent Wednesday to close at $612.60 an ounce. Palladium is up 7.6 percent since Monday.

    Click here to read the full Street report.

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