MW: Platinum, palladium drawing on industrial appeal
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Palladium and platinum, drawing on their industrial as well as jewelry appeal, rallied Monday on heightened hopes for a pickup in industrial demand amid the global recovery. Platinum for July delivery settled at $1,709.80 an ounce, having added $34.20, or 2% on the day. More thinly traded - and more volatile - palladium for June delivery added $16.65, or 3.4%, to ended at $508 an ounce.
