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Reuters reports darkening economic has investors pulling out of the palladium market, but it is most likely a cooling off period.
Reuters reports darkening economic has investors pulling out of the palladium market, but it is most likely a cooling off period.
The market news is quoted as saying,
Palladium, which is mainly used in catalytic converters for gasoline-powered vehicle engines, has been one of the weakest commodities this year, falling about 5 percent to around $750 an ounce, after having virtually doubled in 2010.