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Gold-palladium ratio falls to lowest level since March 2011

Posted on 13 June 2013

The Financial Post reported that the gold-palladium ratio slipped to 1.81 on Monday, its lowest point in over two years, on the back of US jobs data that suggests the country’s recovery is on track and news that Standard & Poor’s has revised its sovereign credit rating for the US upwards.
As quoted in the market news: Rising optimism over the U.S. economy has battered gold, which is widely viewed by investors as a hedge against financial market instability………………………………………..Full Article: Source


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