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    market news

    Palladium Gets Spared Amid Stronger Dollar

    Investing News Network
    Mar. 27, 2013 11:14PM PST
    Precious Metals

    Bloomberg reported that while other precious metals declined significantly as the dollar became stronger, palladium only dropped slightly at 0.3% to $764.95 an ounce.

    Bloomberg reported that while other precious metals declined significantly as the dollar became stronger, palladium only dropped slightly at 0.3% to $764.95 an ounce.

    As quoted in the market news:

    While gold and silver lack momentum to go much higher, platinum and palladium have better prospects as they are less dependent on investment flows, the private-banking unit at Credit Suisse Group AG said in a report yesterday.

    Click here to read the full Bloomberg report.

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