Palladium Falls Most Since March

Precious Metals

Bloomberg reported palladium plunged the most since March as it fell 9.5 percent in 2012.

Bloomberg reported palladium plunged the most since March as it fell 9.5 percent in 2012.

As quoted in the market news:

Palladium tumbled the most since March.

On the New York Mercantile Exchange, palladium futures for December delivery plunged 4.6 percent to $593.85 an ounce, the biggest drop since March 22. Earlier, the metal touched $590.40, the lowest since Aug. 17.

In 2012, silver has climbed 14 percent. Platinum has gained 12 percent, and gold has advanced 9.1 percent. Palladium has dropped 9.5 percent.

Click here to read the full Bloomberg report.

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