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Positive Manufacturing Data Pushes Palladium Up

Investing News Network
Apr. 02, 2012 02:37PM PST
Precious Metals Investing

CNBC reported positive U.S. manufacturing data pushed precious metals, including palladium, up on Monday.

CNBC reported positive U.S. manufacturing data pushed precious metals, including palladium, up on Monday.

As quoted in the market news:

…palladium and silver, which can trade as industrial metals or as precious metals, all rose.

July platinum rose $10.80 to $1,654.90 per ounce, and June palladium rose $4.70 to $658.80 per ounce. May silver increased 61.4 cents to $33.098 an ounce. Palladium and platinum are best known for their use in catalytic converters.

Click here to read the full CNBC report.

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