Palladium Prices Converging With Platinum

Precious Metals

Mining Weekly reported palladium was trading at $709/oz on Friday, but could rise to $1,000/oz in the next two years.

Mining Weekly reported palladium was trading at $709/oz on Friday, but could rise to $1,000/oz in the next two years.

As quoted in the market news:

Car makers have been substituting platinum for its cheaper sister metal, palladium, as a result of high prices, leading to shrinking difference in how much an ounce of each costs.

Click here to read the full Mining Weekly report.

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