Precious Metals-US Palladium Rises on Debt Deal Relief

Reuters reports palladium rose yesterday as investor concern receded and President Barak Obama announced a debt relief deal.

The market news is quoted as saying,

Spot palladium rose 0.6 percent to $845.25 an ounce, adding to gains after rising 11.7 percent in July — its best monthly gains so far this year.

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