Palladium Edges Up on Higher Demand

Reuters reported precious metals moved higher on Thursday with palladium edging up.

As quoted in the market news:

…spot palladium was up 0.4 percent at $696.75 an ounce.

Price-positive news also filtered through from the demand side of the market. Most platinum and palladium is consumed by the car industry for use in catalytic converters.

Click here to read the full Reuters report.