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    Palladium Falls on Strong US Economic Data, Ignores Government Spending Cuts

    Written by Investing News Network
    |
    Mar. 02, 2013 02:46PM PST

    Reuters reported that palladium fell 0.8% on strong US economic data. The global markets have also remained surprisingly calm amid the looming US government spending cuts which will start on Saturday.

    Reuters reported that palladium fell 0.8% on strong US economic data. The global markets have also remained surprisingly calm amid the looming US government spending cuts which will start on Saturday.

    As quoted in the market news:

    Palladium dropped 0.8 percent to $720.47 an ounce.

    Click here to read the full Reuters report.

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