Articles Tagged "spot"

Spot Palladium remained steady at $197

Spot palladium was steady at $197/200 an ounce from $196.50  in New York on Monday. Palladium being industrial in nature is suffering from weak economic activity. For full story, click here

Spot Palladium steady

Spot palladium was steady at $194.50/198.50 an ounce from $194. For more information, click here

Palladium in limbo over auto bailout

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.

Dollar rallies palladium, but auto industry woes set the tone

Palladium prices rallied on Monday, as the weaker dollar encouraged a recovery in the commodities prices after heavy losses last week. Bargain hunting after last weeks lowest price point was hit drove spot palladium to an intraday high of $197 an ounce, more than a five percent rally.

Palladium Spot Prices Tumble By 3.14 Percent As Congress Debates Bailout

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 [...]