Gold gains for a second day; palladium at 3-year high

June 10, 2014

San Francisco  (June 10)    Gold futures settled higher for a second straight session on Tuesday, finding support on the back of a decline among U.S. equities. August gold  GCQ4 +0.57%   climbed $6.20, or 0.5%, to settle at $1,260.10 an ounce on Comex. Palladium futures were a standout, with prices closing at their highest level in roughly 3 years after news reports said talks aimed at ending a prolonged South African mining strike have failed. September palladium  PAU4 +1.57%   tacked on $12.95, or 1.5%, to end at $854.55 an ounce

Source: MarketWatch

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