Palladium Price Moves Up

Metal Miner reported US palladium bar prices moved up 3.8 percent this week.

As quoted in the market news:

With the recent news and developments aroundautomotive weight reduction, this week’s story on our automotive metals index centers around a metal with perhaps the smallest fraction of per-vehicle weight: palladium.

The week’s biggest mover on the weekly Automotive MMI® was the price of US palladium bar, which saw a 3.8 percent increase. This comes on the heels of a 6.3 percent decline the week prior.

Click here to read the full Metal Miner report.