Wednesday, April 11, 2007

Palladium hits 11-month highs, gold off 6-week peak

(Reuters) - Other precious metals also advanced from the close in New York, with platinum matching Tuesday's five-month peak and gold and silver trading near their six-week highs.

"In general, the metals are in an uptrend at the moment and so is palladium. It's technical because it is just in the middle of a trading range. It's easier for palladium to have more gains than other metals," Wolfgang Wrzesniok-Rossbach, head of marketing and sales at Germany's Heraeus, said.


Read more at Reuters.com Hot Stocks News

No comments: