Precious Metals Plunge

IBTimes reported precious metals plummeted, including palladium, on worries about the Eurozone debt crisis.

As quoted in the market news:

Palladium fell 3.2 percent.

The big price drops, which followed global equity prices down, signaled doubt that last week’s Eurozone summit will do anything for the three short-term threats facing the continent: a lack of dollars, financial institution bankruptcies and national defaults.

Click here to read the full IBTimes report.