Palladium Gets Spared Amid Stronger Dollar

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.