Palladium Prices Exceed Platinum for First Time since 2001 and to Benefit from Automobile Market

Published: Sep 29, 2017 10:29 (GMT+8)

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On Sept. 27, spot palladium prices in international market once beat those of spot platinum, which marks the first time since 2001.

SHANGHAI, Sept. 29 (SMM) – On Sept. 27, spot palladium prices in international market once beat those of spot platinum, which marks the first time since 2001.

Palladium prices have gained 35% so far this year, well outpacing 3% gains for platinum prices.

Palladium demand will pick up year by year along with higher car production.

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