Tag Archive | "bailout"

Palladium in limbo over auto bailout

Tuesday, December 16, 2008

Spot palladium rebounded on Monday, up more than 5 per cent from New York’s notional close of $168.00. Palladium hit $176.50 per ounce as technical buying emerged after demand worries stemming from an ambiguous auto industry vote hit platinum group metals on Friday.

Palladium spot prices rise on NYMEX

Tuesday, October 7, 2008

Palladium and other precious metals commonly used in industrial applications, such as platinum and silver, showed small improvements today, although the strength of the US dollar has been affecting their market values in the recent past.

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 [...]

Palladium Price Chart
Asides