Palladium

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.

Click here to read the full ETF Trends report.

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