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Palladium Rallies on Weaker Dollar

Investing News Network
Jan. 10, 2012 02:58PM PST
Precious Metals Investing

IBTimes reported precious metals surged on Tuesday on a weaker dollar.

IBTimes reported precious metals surged on Tuesday on a weaker dollar.

As quoted in the market news:

Platinum and palladium futures rallied moved higher as well, rising to $1,470 and $643 per ounce, respectively.  The broad-based move to the upside in the precious metals complex came on the back of a weaker dollar, which fell 0.22 to 80.76 as measured by the U.S. Dollar Index (DXY).

Click here to read the full IBTimes report.

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