Metals May Drop for Fourth Day on Signs U.S. Economic Recovery Is Stronger

Bloomberg reports gold may decline for a fourth day as signs the U.S. economy is improving continue and speculation of interest-rate increases curb demand for metals as an alternative investment.

The article is quoted as saying,

Palladium for June delivery was unchanged at $745.70 an ounce, taking its quarterly loss to 7.2 percent. Platinum for July delivery declined 0.3 percent to $1,748.40 an ounce. Prices are down 1.7 percent this quarter.

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