News Summary: Precious metals jump on dollar slump

Published November 23, 2012 6:43pm ET



MY PRECIOUS: Metals including gold, silver and palladium led gains for commodities as the dollar declined. Gold and silver both advanced to their highest in more than a month as the dollar fell 0.9 percent against a basket of currencies.

PALLADIUM: The biggest beneficiary of the move was palladium. The metal gained $16.30, or 2.5 percent, to $1,617.10 an ounce.

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