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Bloomberg reported that palladium prices are falling due to concerns about higher inflation rates affecting commodity sales in emerging countries.
Bloomberg reported that palladium prices are falling due to concerns about higher inflation rates affecting commodity sales in emerging countries.
The market news is quoted as saying:
Traders are worried inflation may force consumers in those countries to conserve spending on automobiles and other products to pay for essential items. In turn, that would hurt demand for metals.
To read the full market news, click here.