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    Precious Metals: Gold Rises, Palladium Drops

    Written by Investing News Network
    |
    Oct. 03, 2011 02:25PM PST

    CNBC reported gold and silver rose as palladium and platinum fell after Greece warned it will miss deficit targets set to avoid bankruptcy.

    CNBC reported gold and silver rose as palladium and platinum fell after Greece warned it will miss deficit targets set to avoid bankruptcy.

    The market news is quoted as saying,

    Echoing weakness in other industrial commodities, platinum fell 1.6 percent to $1,500.74 an ounce, while palladium dropped 3.9 percent to $585.97.

    For the complete market news, click here.

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