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IBTimes reported increasing auto sales in China could give a lift to palladium, a precious metal used in the catalytic converters of cars and trucks.
IBTimes reported increasing auto sales in China could give a lift to palladium, a precious metal used in the catalytic converters of cars and trucks.
The market news is quoted as saying,
The news will be welcomed by investors in palladium. Prices of palladium closed Friday down by 2.5 percent and technical indicators signal a negative momentum for the metal.
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