Traders Eye North American Palladium (PAL) as Palladium Continues Gains

North American Palladium (AMEX: PAL) is on watch as palladium extends early gains Friday.

Last reading has palladium at $842 per ounce, from a close at $836 in New York on Thursday.

Robust auto sales for May could be a contributing factor. Palladium is used in catalytic converters for autos.

You May Also Be Interested In

• 30-year mortgage rate dips to 6.65%, second weekly decline
• Texas Stock Exchange wins first primary listings with TCBI’s ETFs
• Why this Wall Street strategist says the "trade is long gold"