Live Platinum & Palladium News Headlines from MetalsDaily.com
2 days ago · We bring you platinum and palladium news headlines from around the world. Metals Daily provide PGM investors with the latest platinum and palladium prices, breaking gold news, data analysis and precious metal information so your investment decisions are informed and up …
Why U.S.-Russia tensions have sent palladium prices soaring
Oct 24, 2024 · Palladium futures rallied Thursday to their highest price of the year, buoyed by the suggestion of sanctions on exports of the metal from Russia, which is the world’s largest exporter.
Palladium's slide accelerates on prospects for surplus next ...
Nov 10, 2023 · Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat triggered by expectations of surpluses due to the rapid spread of electric vehicles and...
Why U.S.-Russia tensions have sent palladium prices soaring
Oct 24, 2024 · The U.S. has asked the Group of Seven allied countries to consider sanctions on exports of palladium and titanium from Russia, in an effort to put pressure on Russia's economy in the wake of...
Palladium price drops below platinum for the first time ...
Feb 8, 2024 · Spot palladium prices fell below those of sister metal platinum for the first time since April 2018 on Thursday, as growing demand concerns and bets on stable supply weighed on the metal.
Palladium Price Today
1 day ago · The price of palladium opened at $967.00 per ounce, as of 9 a.m. ET. That’s down 2.38% from the previous day’s palladium price per ounce and down 12.05% since the beginning of the year. The ...
Palladium Surges 12% as UK Sanctions Target Russia Metals
Dec 14, 2023 · Palladium headed for its biggest gain since March 2020 as the UK government targeted Russian metals — but not palladium — with new sanctions. The metal that’s mainly used in catalytic...
Palladium Prices Rise as Traders Cover Bearish Bets - Bloomberg
Jun 21, 2024 · Palladium surged to the highest in a month as traders bought back their bearish bets amid restocking activity by automakers.
Why palladium matters to the growth of the platinum market
Jan 17, 2024 · Platinum catalysts in the electrolysis and fuel cell markets are expected to account for up to 15% of total platinum demand by 2030, reaching as much as 35% of total annual platinum demand by 2040. Yet platinum has transitioned into a supply deficit in 2023, with WPIC’s outlook suggesting consecutive deficits sustained to at least 2027.
Short covering, tight nearby supply briefly drive palladium ...
Jun 21, 2024 · Spot palladium prices in London hit a one-month high and briefly broke above the key level of $1,000 per troy ounce in volatile trade on Friday as some investors covered their short positions...
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