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    Precious Metals: Palladium Follows Gold Down

    Investing News Network
    May. 09, 2012 03:37PM PST
    Precious Metals Investing

    Reuters reported on precious metals trading on Monday, noting palladium fell in line with gold and other metals.

    Reuters reported on precious metals trading on Monday, noting palladium fell in line with gold and other metals.

    As quoted in the market news:

    Palladium fell in line with gold, even though the release of Chinese data showed strong year-on-year growth in car sales in the world’s largest auto market.

    Palladium was last down 1 percent on the day at $609.03 an ounce, while platinum edged down 0.5 percent at $1,496.99 an ounce.

    Click here to read the full Reuters report.

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