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Putin punishes platinum, palladium prices

Posted on 08 May 2014

The price of platinum slid and sister metal palladium sank nearly 3% an ounce on Wednesday after conciliatory words from Russia eased East-West tensions surrounding the conflict in Ukraine.
On the Comex division of the New York Mercantile Exchange, palladium futures for June delivery – the most active contract – in afternoon trade exchanged hands for $798.30 an ounce, down more than $20 and near the day’s lows………………………………………..Full Article: Source


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