Surging NY palladium, silver exclipse sluggish gold

Newswire

NEW YORK, Jan 22 (Reuters) - New York gold easied Thursday, marking time as the dollar consolidated while overshadowed by a speculative buying binge in palladium, which has transformed from a laggard to the star precious metal of 2004. Palladium rose 5.9 percent Thusday and is up 27 percent this year. It outperformed sister metal platinum and even a 2.3 percent gain in volatile silver futures. February gold settled off $1.10 at $410.10 an ounce, retreating from a high of $413.30 to ...

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