Platinum rose for the first time in three days, palladium climbed as much as 1.8 percent

Cash palladium climbed as much as 1.8 percent to $637.50 an ounce, before trading at $635, paring annual loss to 21 percent.

Platinum, the worst-performing precious metal in 2011, rose for the first time in three days, rebounding from a two-year low of $1,344.25 an ounce. It advanced as much as 1.5 percent to $1,390 an ounce and last traded at $1,388.25, taking the year’s loss to 22 percent for its first annual drop since 2008.

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Posted by admin on Dec 30 2011. Filed under Palladium, Platinum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry