President Barack Obama proposed a $3.8 trillion budget for fiscal 2011 that will add fuel to the debate over the size and scope of government. The plan includes big increases in personal and business taxes, modest spending cuts and increased outlays for education, defense and jobs initiatives.
The biggest mover on the weekly Global Precious Metals MMI® was the price of Japanese palladium bar, which saw a 3.8 percent decline. This comes on the heels of a 2.9 percent increase the week before.