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ETF Trends reported that profit taking caused palladium exchange-traded products to record US$3.4 million in outflows last week.
ETF Trends reported that profit taking caused palladium exchange-traded products to record US$3.4 million in outflows last week.
As quoted in the market news:
At the same time, palladium ETPs registered US$3.4mn of outflows last week on profit taking. Recent strong price performance has been driven by improving demand, coupled with a sharp reversal of strong Russian palladium exports in April.