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    market news

    Precious Metals: Palladium Makes Notable Gains

    Investing News Network
    May. 08, 2012 02:16PM PST
    Precious Metals

    IBTimes reported on the ups and downs of the precious metals market on Tuesday noting palladium gained a surprising two percent.

    IBTimes reported on the ups and downs of the precious metals market on Tuesday noting palladium gained a surprising two percent.

    As quoted in the market news:

    Silver, platinum, and palladium all eked out small gains for the session, albeit palladium’s advance was quite notable, at nearly 2%.

    The news out of South Africa on the PGM production front was once again not very good. The country experienced a 47.6% decline in the output of said noble metals last month, owing to labor strife at major firms Impala and AngloGold.

    Click here to read the full IBTimes report.

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