Palladium Jumps to Highest Price Since 2001

Bloomberg.com reports that Palladium has hit its’ highest levels since 2001.

The story is quoted as saying:

“The fundamental reasons are there, like the auto recovery and Chinese demand,” said Andrey Kryuchenkov, a strategist at VTB Capital in London. “People are looking at palladium and copper,” which have “some underlying fundamentals.”

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