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    Precious Metals May Advance as Weaker Dollar, Greek Debt-Default Concern Spur Demand

    Investing News Network
    Jun. 21, 2011 08:11AM PST
    Precious Metals

    Bloomberg reports that precious metals may gain in New York as a weaker dollar and concern about Europe’s debt crisis spur demand for alternative investments.

    Bloomberg reports that precious metals may gain in New York as a weaker dollar and concern about Europe’s debt crisis spur demand for alternative investments.

    The market news is quoted as saying,

    Palladium for September delivery rose 0.9 percent to $755 an ounce. Platinum for July delivery was 0.9 percent higher at $1,746.20 an ounce.

    For the complete market news, click here.

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