Platinum, Palladium and Silver: Not So Precious Anymore

Platinum, Palladium and Silver: Not So Precious Anymore (Bloomberg) — Precious metals that are heavily used in industrial production joined the massive selloff across financial markets that saw tumbling as investors’ risk appetite weakened. Platinum, used to curb emissions from diesel-fueled vehicles, slumped the most on record, while silver touched the lowest in more than […]

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Wall Street sell-off batters bitcoin, pounds palladium as investors go to cash

By Herbert Lash NEW YORK (Reuters) – Crushing asset sell-offs ranging from bitcoin to precious metals and European stocks accompanied Wall Street’s slide into bear market territory on Thursday, as investors liquidated positions across their portfolios to raise cash. () dropped 26%, marking its largest fall in seven years, as fears of the coronavirus’ economic […]

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