Palladium prices gain from auto boom

Precious Metals

Commodity Online reports that the auto boom is helping push up the price of Palladium.

Commodity Online reports that the auto boom is helping push up the price of Palladium.

The story is quoted as saying:

According to analysts , the metal is at $740 an ounce now. This will go up to $850 in about six months, experts said. At around 70 per cent gain in prices since January this year, the metal has surpassed platinum and gold in the precious metals category.

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