Palladium Price Moves Up

Precious Metals

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

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.

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