Palladium climbs to two-week high

Palladium prices rose on Thursday to a two-week high as the dollar stops rising against a basket of currencies, underpinning commodities today, while gold rises to several highs.
 
Palladium last traded at $777.42 an ounce, up from the opening price of $769.17, with a session-high at $778.73, and a low at $767.80.
 
Dollar stopped rising today against a basket of currencies, buoying palladium according to their inverse relation, amid mixed expectations in the U.S. markets about the future of interest rates.
 
On the other hand, gold kept rising to a three-month high, pulling other commodities higher with it, as investors head for safe havens and alternative investments in the commodity market.
 
The dollar index, tracking the greenback against an array of six major rivals, inched up to 100.26 from the opening of 100.22, with an intraday high at 100.34, and a low at 100.07, as the dollar wavers anew today.