Positive Manufacturing Data Pushes Palladium Up

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.