Palladium Spot Prices Tumble By 3.14 Percent As Congress Debates Bailout

Monday, September 29, 2008

Current Market Climate The proposed bailout of bad debts by the U.S. Treasury is being hotly debated in Congress: this debate is affecting commodity spot prices and stock market share prices all over the world. As government officials ponder the wisdom of assisting banks and investment houses by spending over 700 billion dollars purchasing bad [...]

Precious metals market suffers as stock market crashes

Tuesday, September 16, 2008

The stock market events of Sept. 15, 2008 have impacted all commodities markets, including precious metals such as palladium and platinum. Investors are unloading commodities at a rapid pace, in an attempt to seek safer investments.

Is Palladium Losing Its Shine?

Wednesday, September 10, 2008

The decline in auto industry sales is having a profound effect on palladium values in the world market. Palladium and platinum are used in catalytic converters and other auto parts: the demand for the precious metals is slackening as a result of higher gas and oil prices.

Palladium prices track oil to decline

Monday, September 8, 2008

Palladium futures for December delivery fell $16.90 to settle at $272.90 an ounce on Friday. For more information, click here

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Palladium Rises while Gold Traders Square Up

Monday, September 1, 2008

Ahead of the long U.S. Labor Day weekend, many traders are already squared up or leveling out positions in quiet late-summer trading. John Person, president of NationalFutures.com, said: Nobody wants to hold a short position over the weekend. For more information, click here

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