Palladium Continues Rebound To $653.40

The Age reported platinum and palladium continued their recent rebound as traders wait for striking workers to return to precious metals mines.

As quoted in the market news:

The most actively traded platinum contract, for January delivery, on Wednesday rose 1.5 per cent, or $US25.30, to settle at $US1,670.50 a troy ounce on the New York Mercantile Exchange.

Palladium for December delivery gained 2.3 per cent, or $US14.45, to settle at $US653.40 an ounce.

Click here to read the full Age report.