Palladium and Platinum Drop Worries Euro

Palladium (Pd) and platinum (Pt) continue to turn down and this worries investors as the debt problems in Greece continue to spread. It might soon reach other countries like Spain and Portugal and upend a global economic recovery.

The press release is quoted as saying:

“July platinum fell 70 cents to $1,665.80 an ounce after recovering some losses late in trading. Palladium for June delivery dropped $3.90 to $510.20 an ounce.”