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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Palladium hits $800/oz

Posted on 24 March 2014

Palladium futures touched $800 an ounce Friday on news that two physically backed exchange-traded funds will launch in South Africa next week, creating expectations for increased demand for the metal.
This comes when the market is already worried about constrained supplies due to the combination of a strike in the South African mining sector and potential for sanctions against leading producer Russia, traders and analysts said………………………………………..Full Article: Source


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