Precious Metals Report “Ridi, Pagliaccio!”

IBTimes report precious metals headed lower as the US dollar picked up a tad of energy and the euro ran into a wall of overhead resistance.

As quoted in the market news:

Palladium lost $5 to open at $651 the ounce. Standard Bank (SA) observes that simply parsing the total level of auto sales in certain global markets may not be an accurate indicator of total palladium demand. Let’s focus on these metrics for a moment, as palladium remains one of our favorite metals that merit investors’ attention.

Click here to read the full IBTimes report.