Precious Metals Are On the Rise

Bloomberg reports that gold reached new highs as palladium also rose.

The market news is quoted as saying,

Palladium futures for September delivery rose $13.95, or 1.8 percent, to $794.60 an ounce on the New York Mercantile Exchange. Platinum futures for October delivery rose $19.90, or 1.1 percent, to $1,775.40 an ounce.

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