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    market news

    Precious Metals: Palladium Up 0.1 Percent

    Investing News Network
    Aug. 09, 2012 12:14PM PST
    Precious Metals Investing

    Reuters reported precious metals trading on Thursday as spot palladium inched up just 0.1 percent.

    Reuters reported precious metals trading on Thursday as spot palladium inched up just 0.1 percent.

    As quoted in the market news:

    Among other precious metals,…spot palladium was up 0.1 percent at $582.60 an ounce.

    Palladium remains the worst performer of the major precious metals this year, down around 10 percent compared with a 1 percent rise in silver and platinum and a 3 percent rise in gold. Both platinum and palladium have been hurt by concerns over demand from carmakers, the main users of the autocatalyst metals.

    Click here to read the full Reuters report.

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