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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (153)6/7/2001 1:23:37 PM
From: craig crawford  Read Replies (1) | Respond to of 1643
 
Thursday June 7, 11:10 am Eastern Time

Palladium touches fresh low in Europe, gold quiet
biz.yahoo.com

LONDON, June 7 (Reuters) - Palladium dipped to fresh lows in European trade on Thursday and dealers said its gentle slide over the past weeks was correcting its overvalued price, bringing it closer to parity with platinum prices. The metal set a fresh 11-month low at its afternoon fix at $620 an ounce, erasing a low set in the morning fix. The figure was a stark contrast with levels recorded some four months ago when palladium traded at around levels close to $1,075.