Palladium ETF Market Good Investment

Mineweb reported Christopher Ecclestone invested in a palladium ETF as a part of Hallgarten & Company’s portfolio.

As quoted in the market news:

Over half of the supply of palladium and platinum goes into catalytic converters. In his analysis, Ecclestone noted global automobile production is expected to increase significantly while the use of palladium in diesel catalytic converters is also growing.

Palladium also plays a key role in the technology used for fuel cells.