The precious metal is going up faster than gold
Thursday 23 Jan 2020 Author: Yoosof Farah
More expensive than gold, the price of a precious metal called palladium has rocketed in the past few months. This week the metal topped $2,500 an ounce and is changing hands for double what it cost just seven months ago. A critical component in catalytic converters, palladium demand is going up around the world as carmakers respond to government rules tackling pollution from petrol vehicles. At the same time,...