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Palladium prices jump on strong auto sales news

Palladium prices marched higher Thursday after a parade of automakers reported stronger sales.

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Palladium prices jump on strong auto sales news

Palladium prices marched higher Thursday after a parade of automakers reported stronger sales.Palladium for September delivery rose $22.45, or 4.8 percent, to settle at $491.20 an ounce.A weaker dollar also helped commodity prices. Since most commodities are priced in dollars, a weaker dollar...

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Summary Box: Palladium Rises on Auto Sales Gain

Summary Box: Palladium prices jump as auto improvement bolsters hope for global recovery Shopping - Business - Catalytic converter - United States - Palladium

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Summary Box: Palladium prices jump as auto improvement bolsters hope for global recovery

PALLADIUM MARCH: Palladium settled higher Thursday after a parade of automakers reported stronger second-quarter sales. Palladium is used in automobile catalytic converters.

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Oil prices up on positive earnings

Oil prices rose on Thursday as better-than-expected earnings from Exxon Mobil Corp, Southwest Airlines Co and others bolstered hope for an improving economy.

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