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Compared to platinum, gold and silver, palladium has run ahead of the pack to be the best performing precious metal year to date, according to Investing.com.
Compared to platinum, gold and silver, palladium has run ahead of the pack to be the best performing precious metal year to date, according to Investing.com.
As quoted in the publication:
What has led palladium to outperform? Some arguments include:
1. Supply shortages due to mining strikes
2. Increase in demand as global car sales set new all-time highs
3. Market manipulation by banks/funds of prices to the upside