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Palladium Rises on Increased Auto Sales

Investing News Network
Feb. 01, 2012 03:02PM PST
Precious Metals Investing

CNBC reported industrial metals, including palladium, rose in trade on Wednesday on positive U.S. economic data.

CNBC reported industrial metals, including palladium, rose in trade on Wednesday on positive U.S. economic data.

As quoted in the market news:

Platinum and palladium climbed, as PGM investors digested a mixed bag of U.S. auto sales data in January, featuring an increase in Chrysler Group and a decline by General Motors.

…palladium gained 1.3 percent to $689.53 an ounce.

Click here to read the full CNBC report.

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