Palladium Price Jumps 90% from January 2016, and to Remain Bullish

SHANGHAI, Aug.17 (SMM) – Spot palladium price in London skyrocketed almost 91.9% as of August 16, 2017 from January 12, 2016, hitting the largest growth both in precious metals and base metals.

Supply shortage was the main factor, and brisk demand also shored up price.

Palladium price will have chance to breake through USD 1,000/oz as auto upgrade expansion will boost its demand.

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