Precious Metals Report – The Right and the Wrong

The International Business Times reports that Tuesday’s trading action in New York opened on a defensive note.

The market news is quoted as saying,

Platinum and palladium fell modestly this morning, but still appeared to be discounting the disruptions in Japanese automobile output that have now resulted in soon-to-come interruptions in production at various US facilities of various popular nameplates. Platinum dropped $1 to ease to the $1,784.00 mark while palladium lost $4 to open at the $781.00 per ounce price level.

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