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    market news

    Palladium May Gain on Europe Debt Woes

    Investing News Network
    Oct. 14, 2011 05:24PM PST
    Precious Metals

    Bloomberg reported that precious metals may gain on concern about Europe’s debt crisis and increasing physical demand.

    Bloomberg reported that precious metals may gain on concern about Europe’s debt crisis and increasing physical demand.

    As quoted in the market news,

    Russia plans to export 4 to 4.5 metric tons of palladium next year and the same amount the following year, Interfax said, citing an unidentified Finance Ministry official connected to the state repository, Gokhran. The country may stop palladium sales after that, the news service said.

    Click here to read the full Bloomberg report.

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