Palladium inches up, dollar scales seven-month peak

Palladium prices tilted higher in American trade even as the dollar index hit November 7 highs, following earlier data from the US, the world's biggest economy. 

As of 01:33 GMT, palladium rose 0.14% to $983.37 an ounce from the opening of $982, while the dollar index added 0.27% to 94.67 from the opening of 94.42. 

Earlier US data showed the S&P House Price Index rose 0.53%, down from 0.84% in February, and missing forecasts of 0.7%.

On a yearly basis, prices rose 6.8%, same as before and beating forecasts of 6.5%, as traders now await GDP and payrolls data later this week.