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    market news

    Palladium Drops Most in 4 Months

    Investing News Network
    Mar. 19, 2013 05:08PM PST
    Precious Metals

    Bloomberg reported that palladium futures slumped 3.9%, the lowest in four months, due to the fight over Cyprus bank tax.

    Bloomberg reported that palladium futures slumped 3.9%, the lowest in four months, due to the fight over Cyprus bank tax.

    As quoted in the market news:

    On the New York Mercantile Exchange, palladium futures for June delivery slumped 3.9 percent to $735.20 an ounce, the biggest drop since Oct. 23.

    Click here to read the full Bloomberg report.

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