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    market news

    Palladium and Platinum Drop Worries Euro

    Investing News Network
    May. 10, 2010 05:32PM PST
    Precious Metals

    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 […]

    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.”

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