• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    market news

    Palladium Prices Slump

    Teresa Matich
    Apr. 08, 2014 09:52AM PST
    Precious Metals

    Frik Els of Mining.com reported that palladium prices lost close to 3 percent on Monday while platinum prices decreased by more than $20 per ounce. According to Mining.com, prices for the metals are not reacting as expected to supply squeezes from Russia and South Africa, especially in light of revived demand from the European automobile industry.

    Frik Els of Mining.com reported that palladium prices lost close to 3 percent on Monday while platinum prices decreased by more than $20 per ounce.  According to Mining.com, prices for the metals are not reacting as expected to supply squeezes from Russia and South Africa, especially in light of revived demand from the European automobile industry.

    According to the publication:

    Palladium also fell on Monday with June futures last trading at $768.75, down 2.8% on the day and recovering slightly from a day low of $761.25.

    Palladium which has been outperforming platinum, helped in part by tensions with Russia which together with South Africa control more than 70% of global supply.

    Click here to read the full Mining.com article.

    market newsrussia
    The Conversation (0)

    Go Deeper

    AI Powered

    Palladium Declines, Signs of Improving Economy in U.S.

    Gold Soars, Palladium Plunges as Markets Shrug Off G7

    Latest News

    Trading Halt

    Locksley Qualifies for Trading on U.S. OTCQX Market

    Locksley Resources Limited Qualifies for Trading on U.S. OTCQX Market

    Locksley Announces Major Advancement at Mojave as Structural Mapping Expands Scale of Antimony Target with a 400% Increase in Target Strike Length

    Nasdaq Listing Update

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES