The Palladium has just crossed the $ 1,000 per ounce mark, a 50% increase since the beginning of the year!
Palladium is particularly used in the manufacture of catalytic converters for gasoline and hybrid vehicles. It should remain supported by a supply deficit as part of the development of this technology, unlike Platinum more used to reduce the polluting emissions of diesel vehicles, which seem condemned following scandals in recent years.
PALL (ETF Securities / Physical Palladium shares) was incorporated in our Global Macro portfolio on 11/09/17
PALL : weekly data
