Palladium Rises as Fed Predicts Low Interest Rates

Precious Metals

Bloomberg reported precious metals, including palladium, jumped on Wednesday as the Federal Reserve announced it expects interest rates to remain exceptionally low through 2014.

Bloomberg reported precious metals, including palladium, jumped on Wednesday as the Federal Reserve announced it expects interest rates to remain exceptionally low through 2014.

As quoted in the market news:

Palladium futures for March delivery climbed 1.9 percent to $693.35 an ounce.

Click here to read the full Reuters report.

The Conversation (0)
×