Palladium Futures Rally To a Nearly 14-month High

Palladium futures took the spotlight among major metals Wednesday, rallying to their highest settlement in almost 14 months, buoyed by strong vehicle sales in China. The dollar-denominated metal, along with gold and silver, also got a boost from weakness in the U.S. dollar. September palladium rose $32.05, or 4.6%, to settle at $726. 40 an ounce, the highest futures finish since mid-June of last year, according to FactSet data. December gold settled at $1,351.90 an ounce, up $5.20, or 0.4%, while September silver added 32 cents, or 1.6%, to end at $20.17 an ounce.