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Market Realist reported on Wednesday that platinum and palladium prices had outperformed gold and silver on Wednesday, largely due to an improvement in market sentiment.
Market Realist reported on Wednesday that platinum and palladium prices had outperformed gold and silver on Wednesday, largely due to an improvement in market sentiment.
As quoted in the publication:
Platinum and palladium gained 0.26% and 4.4%, respectively, on Tuesday. Platinum and palladium closed at the marks of $936.70 and $517.40 per ounce, respectively.
Over the past five days, palladium has been the best-performing precious metal as it has gained a whopping 6.1%. The rest of the precious metals have been retreating during that timeframe. The price changes in platinum and palladium can be tracked by the Physical Platinum Shares ETF (PPLT) and the Physical Palladium Shares ETF (PALL).