Palladium climbs for first time in five days, dollar dips

Palladium prices rose nearly one percent in American trade as the dollar index lost ground, ahead of labor data from the US later today. 

As of 01:40 GMT, palladium rose 0.99% to $917.32 an ounce, while the dollar index shed 0.28% to 95.09 against a basket of major currencies. 

Now markets await a survey that track job openings in the US, expected to have increased to 6.74 million in June from 6.64 million ion May. 

Last Friday saw the release of the US payrolls report, which showed the unemployment rate fell to 3.9% as expected from 4.0% in June, while average hourly earnings rose 0.3% as expected, up from 0.1% in June. 

The economy added 157 thousand jobs last month, down from 248 thousand in June, and missing estimates of 191K.