Bullions
widen, reducing demand for a haven investment. Palladium for immediate delivery touched the highest level
since March 2001. Portugal’s borrowing costs dropped and demand rose at yesterday’s sale of 10-year
bonds. Spanish bonds led a second day of gains for Europe’s most-indebted nations today as demand rose
at an auction. Gold may continue to gain support from an uneven economic recovery in the U.S. as
unemployment remains “stubbornly high” and the dollar is susceptible to setbacks, Palladium for immediate
delivery lost $3.05, or 0.4 percent, to $807.45 an ounce in London. The price earlier today rose to $817.25 an
ounce, the highest level since March 2001. Cash platinum fell 0.5 percent to $1,793 an ounce. The two metals
are used in automotive pollution-control devices as well as jewelryGold fell after a government bond sale in Portugal eased concerns that the European debt crisis may
