The Wall Street Journal reported that palladium futures hit their highest price in 13 years on concerns over supply in light of the continued strike by PGM mine workers in South Africa.
As quoted in the publication:
Palladium for September delivery, the most actively traded contract, closed up $5.60, or 0.7%, at $860.15 a troy ounce on the Comex division of the New York Mercantile Exchange. It was the highest close since February 2001.
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