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Palladium Slides in Tokyo on Spot Price Drop, Stronger Yen
Apr. 16, 2013 02:37PM PST
Precious Metals InvestingBloomberg reported that palladium slid 5.4% on the Tokyo Commodity Exchange after a sell-off brought about by a drop in spot prices and a stronger yen.
Bloomberg reported that palladium slid 5.4% on the Tokyo Commodity Exchange after a sell-off brought about by a drop in spot prices and a stronger yen.
As quoted in the market news:
On the Tokyo commodity bourse, silver for February delivery fell 11 percent to 70 yen per gram. Platinum for the same delivery lost 5.2 percent to 4,412 yen per gram and palladium slid 5.4 percent to 2,043 yen per gram.