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    market news

    US Auto Sales Signal Increased Demand for Palladium

    Investing News Network
    Dec. 07, 2011 02:06PM PST
    Precious Metals

    IBTimes reported palladium prices continued to rise in a two-month rally as sales of cars and trucks in the US signalled higher demand.

    IBTimes reported palladium prices continued to rise in a two-month rally as sales of cars and trucks in the US signalled higher demand.

    As quoted in the market news:

    November car sales in the U.S. beat expectations, lifting palladium to more than 17 percent above its Nov. 28 price of $574 per troy ounce. In early morning trading, palladium climbed to $676.90, which is 21.3 percent above its price in early October.

    Click here to read the full IBTimes report.

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