Strong Q3 Figures from China Help Boost Palladium

In its weekly bulletin, Platinum Today reported that this week, palladium prices were pushed up by the United States’ debt deal, a weak dollar and strong third-quarter figures from China.

Today’s London base price for palladium is $742 per ounce.

As quoted in the market news:

Palladium was also liberated by the political agreement in the USA and further boosted by the dollar’s weakness and the growth story from China which automatically implies good demand for vehicles and palladium-based catalyst systems.

Click here to read the full Platinum Today report.