Palladium Rallied on the Day

Commodity Online reports the PPI rose by 0.2% in July representing a surprise to the upside compared to our economists’ forecast and consensus.

The market news is quoted ass aying,

The president has also said that he will nationalise the country’s gold industry to boost its reserves, although the country is not a 20 producer of the yellow metal.Platinum and Palladium rallied on the day, with platinum up by 1.2% and palladium edged 2.4% higher.

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