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Palladium Extends Gains For Eighth Day

Investing News Network
Sep. 11, 2012 11:22AM PST
Precious Metals Investing

Bloomberg reported palladium rose for the eighth day continuing its longest upward streak since February 2008.

Bloomberg reported palladium rose for the eighth day continuing its longest upward streak since February 2008.

As quoted in the market news:

Cash palladium rose for an eighth day in the best run since February 2008. Investors increased their holdings in exchange-traded products by 27,220 ounces last week, the most since May. The metal gained as much as 0.7 percent to $671.85 an ounce, after climbing to $673 yesterday, the highest price since May 2.

Click here to read the full Bloomberg report.

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