Non-Ferrous Metals Under Pressure

Precious Metals

IBTimes reported the prices of base and non-ferrous metals have suffered from increasing sales pressure during the last few weeks.

IBTimes reported the prices of base and non-ferrous metals have suffered from increasing sales pressure during the last few weeks.

The market news is quoted as saying,

Neither the technical situation of the silver nor the palladium price is providing investors with good reasons to be optimistic. The palladium price fell to a low of $710 per ounce in yesterday’s trading session and ended the day at $715 per ounce. Palladium has reached a critical technical level that bulls must defend; otherwise, investors should be prepared for an even greater price pullback in the coming weeks

 

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