Thursday, March 22, 2012

Palladium Prices Take Pounding

by Bullion Prices Staff on March 22, 2012

Precious metals declined as a group Thursday, but palladium prices plunged the most at 5.5%. Silver followed with a loss of 2.7%, then platinum at 1.7% and, finally, gold which dipped at a relatively modest 0.5%. Losses were driven by weaker-than-expected manufacturing data from China and Germany which created a "risk off" mentality and refreshed […]