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    market news

    Palladium Advances on Weaker Dollar

    Investing News Network
    Feb. 13, 2012 12:46PM PST
    Precious Metals

    Bloomberg reported palladium rose to a four-month high as the dollar weakened in trade on Monday.

    Bloomberg reported palladium rose to a four-month high as the dollar weakened in trade on Monday.

    As quoted in the market news:

    Palladium for March delivery advanced 0.1 percent to $703.75 an ounce after reaching a four-month high of $718.65 on Feb. 9. Assets held in ETPs, which came to 55.37 tons on Feb. 10, are up 6.8 percent this year, beating gains in other precious-metals holdings.

    Click here to read the full Bloomberg report.

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