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CNBC reports gold fell after a sharp rally in stock markets prompted nervous investors to cash in gains as palladium rose against other precious metals.
CNBC reports gold fell after a sharp rally in stock markets prompted nervous investors to cash in gains as palladium rose against other precious metals.
The market news is quoted as saying,
Palladium, the most industrial of the main precious metals, is still this year’s worst performer among them, currently down 6.7 percent compared to a 3.7 percent rise in platinum prices and gold’s 33 percent appreciation.
For the complete market news, click here.
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