Palladium Futures Decline

Bloomberg reports that platinum, palladium, silver and gold fell today as investors sold equities to raise cash.

The market news is quoted as saying,

Palladium futures for September delivery fell $11.20, or 1.5 percent, to $741.75 an ounce on the New York Mercantile Exchange. Earlier, the metal touched $722.15, the lowest since June 27. This week, the price tumbled 10 percent, the most since July 2010.

For the complete market news, click here.