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Palladium Hits 2-Year Highs on Global Demand Hopes
SINGAPORE, Apr. 7 -- Palladium prices XPD= jumped to the highest in two years on Wednesday on purchases by autocatalyst makers and investors amid hopes that a global economic recovery is picking up steam, lifting platinum XPT= to its strongest in 20 months.
Palladium and platinum ended the first quarter 17 percent and 12 percent higher, respectively, surpassing the single-digit gains posted by gold and silver.
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