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Palladium Advances, Bernanke Fails to Offer Plan for Stimulating U.S. Economy
Aug. 26, 2011 11:57AM PST
Precious MetalsBloomberg reports that gold and other precious metals rose after Bernanke’s comments today offering no further plan to stimulate the economy.
Bloomberg reports that gold and other precious metals rose after Bernanke’s comments today offering no further plan to stimulate the economy.
The market news is quoted as saying,
Platinum futures for October delivery gained $4.50, or 0.2 percent, to $1,826.90 an ounce on the New York Mercantile Exchange. Palladium futures for December delivery rose $4.90, or 0.7 percent, to $758.10 an ounce on the Nymex.
This week, platinum lost 2.6 percent and palladium gained 1.2 percent.
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