Palladium Set for 12% Weekly Gain, Most in Year

Precious Metals

Bloomberg reported palladium is poised for a 12 percent advance this week, the most since December 2010.

Bloomberg reported palladium is poised for a 12 percent advance this week, the most since December 2010.

As quoted in the market news:

The weekly increase beats gains of 9.1 percent for copper, 5.8 percent for silver and 3.7 percent for gold. The metal, used in autocatalysts and electronics, gained 1.1 percent to $637.75 an ounce at 4:11 p.m. in Singapore, rising for a fifth session.

Click here to read the full Bloomberg report.

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