Precious Metals Demand Declines

Precious Metals

CNBC reported on precious metals trading as both platinum and palladium fell lower.

CNBC reported on precious metals trading as both platinum and palladium fell lower.

As quoted in the market news:

Spot platinum was down 0.6 percent at $1,432.75 an ounce, while spot palladium was down 0.6 percent at $574.73 an ounce.

The platinum/palladium ratio, which measures the number of palladium ounces needed to buy an ounce of platinum, reached its highest in two and a half months on Monday at 2.49, as platinum outperformed.

Click here to read the full CNBC report.

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