Precious metal gets a boost from hopes for stronger U.S. auto sales. Palladium prices on Tuesday rose to their highest in more than five weeks, bolstered by hopes of stronger auto sales in the U.S.
Palladium for December delivery closed up 1.2% at $705.95 a troy ounce, its highest settlement since October 3. Prices are up 14% this month. Driving the rally were hopes that U.S. car sales would rise in coming months, boosting demand for the metal, which is used to scrub emissions from gasoline engines........................................Full Article: Source
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