Palladium Surges on Chinese Data

Reuters reported that with the economic environment in China improving, palladium seems set for a third day of gains.

As quoted in the market news:

By 1 326 GMT, platinum was up 1.3 percent at $1,6 11 .50 per ounce, while palladium had surged 1.8 percent to $695.90. Gold held a firmer tone, rising 0.2 percent to $1,661.85 .

Click here to read the full Reuters report.