Palladium Prices Hit Multi-Year highs

Feb. 09, 2011 12:40PM PST

Reuters reported that platinum rose to its highest since July 2008 at $1,865 an ounce in Europe on Wednesday, after palladium earlier hit a 10-year high at $837. The article states that: Both platinum group metals have also benefited this year from expectations that demand for the autocatalyst materials would improve as economic conditions returned […]

Reuters reported that platinum rose to its highest since July 2008 at $1,865 an ounce in Europe on Wednesday, after palladium earlier hit a 10-year high at $837.

The article states that:

Both platinum group metals have also benefited this year from expectations that demand for the autocatalyst materials would improve as economic conditions returned to normal.

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