Palladium fell on weak industrial demand

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Precious metals apart from gold declined on Wednesday amid broadly stronger US Dollar and fading hopes for the new round of QE in the US.

Gold was almost flat as investors are pessimistic about the EU summit as European leaders have different views on how to combat crisis in the region.

Silver lost 0.70% despite stronger global equities.  The white metal was weakened by positive economic data from the US that lifted the greenback.

Platinum decreased on potential, supply increase as Russian Technologies, Metallinvest and Telconet Capital signed a deal to mine platinum on an international level.

Palladium attained one-year low on weak industrial demand as fiscal problems in the Eurozone and bleak economic outlook on the US and China continued to weight on manufacturing performance.

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