Palladium Sees Biggest One Day Drop in Two Weeks

Dec. 20, 2011 03:01PM PST

Reuters reported palladium saw its biggest one day drop in months as the commodity was traded at higher values today.

As quoted in the market news:

Palladium was up about 2.8 percent at $623.17 an ounce.
ETFS Physical Palladium, the U.S.-based exchange-traded product operated by a unit of London’s ETF Securities, saw an outflow of nearly 25,000 ounces, data for Monday showed, the largest one-day drop in its holdings in more than a fortnight.

Click here to read the full Reuters report.