Gold Rises on Demand for Currency Alternative; Palladium Jumps
Gold Rises on Demand for Currency Alternative; Palladium Jumps
March 5 (Bloomberg) -- Gold futures rose, capping a weekly gain, on investment demand for the metal as an alternative to holding currency. Palladium jumped to a 20-month high.
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Platinum, palladium fall as investors cash in gains
Platinum, palladium fall as investors cash in gains
LONDON, Jan 22 – Platinum and palladium prices fell more than 4 percent on Friday on fears the metals’ run-up to their highest level since mid-2008 this week, after the launch of new US investment products, may have been overdone. Gold hit a one-month low and silver prices also fell, reflecting losses in other commodities after US President Barack Obama proposed tough new rules to limit risk ...
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