Palladium sees biggest one day drop in two weeks

Reuters reported palladium saw its biggest one day drop in months as the commodity was traded at higher values today.

As quoted in the market news:

Palladium was up about 2.8 percent at $623.17 an ounce.

ETFS Physical Palladium, the U.S.-based exchange-traded product operated by a unit of London’s ETF Securities, saw an outflow of nearly 25,000 ounces, data for Monday showed, the largest one-day drop in its holdings in more than a fortnight.

Tags: palladium, palladium futures, palladium futures prices, Palladium market, palladium price, palladium prices, spot palladium

Posted by admin on Dec 21 2011. Filed under Palladium. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry