Palladium Bucks Precious Metal Trend - Hits 18-Month High

While gold, silver, and platinum remain held in ranges, it appears China's NDRC comments on carbon emissions and improved energy efficiency have been taken seriously enough to drive Palladium prices to 18 month highs (and notably divergent from the rest of the PM group). Palladium is now up more than twice the 215% gain in gold since Lehman and leads the PMs.

 

 

Chart: Bloomberg

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