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Palladium Heads For Biggest One Month Drop

Investing News Network
Oct. 29, 2012 01:29PM PST
Precious Metals Investing

Reuters reported palladium is heading for its biggest one month since May as platinum prices rise and demand for palladium collapses.

Reuters reported palladium is heading for its biggest one month since May as platinum prices rise and demand for palladium collapses.

As quoted in the market news:

Prices swung to their lowest since mid-August last week from the six-month high above $700 an ounce they hit in September, helped by euphoria linked to the Federal Reserve’s $40-million-a-month liquidity boost for the U.S. economy.

Click here to read the full Reuters report.

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