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Palladium Rises as Fed Predicts Low Interest Rates

Investing News Network
Jan. 25, 2012 02:12PM PST
Precious Metals Investing

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.

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