Precious Metals: Palladium Stages Biggest Rally

Precious Metals

Reuters reported on precious metals prices as palladium surged for its biggest day of gains since December.

Reuters reported on precious metals prices as palladium surged for its biggest day of gains since December.

The palladium price staged its biggest one-day rally since late December on Tuesday, when it rose by 3.82 percent.

The previous session’s weakness in the dollar, which makes it more profitable for non-U.S. investors to buy dollar-priced assets, together with data that showed car sales in the United States beat expectations in June helped trigger the rally.

Click here to read the full Reuters report.

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