Palladium hits eight-month high, dollar off three-month low

Palladium prices rose nearly one percent in American trade to January 28 highs, on track for weekly and monthly gains, while the dollar index scaled September 10 highs, heading for the first weekly profit in three, and the second monthly profit in a row. 

As of 01:26 GMT, platinum rose 0.71% to $1,092.95 an ounce, marking eight-month highs, while the dollar index advanced 0.38% to 95.26 away from July 9 lows. 

Earlier US data showed personal spending rose 0.3% as expected, slowing down from 0.4% in July.

Personal income rose 0.3% with no change, missing estimates of 0.4%. 

The Chicago PMI is expected to have receded to 62.3 from 63.6, while the final reading for UoM consumer sentiment survey is estimated at 100.5, up from 96.2 in August.