Supply deficit sends palladium price to HISTORIC HIGH ...News

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Supply deficit sends palladium price to HISTORIC HIGH
The price of palladium, which has been growing steadily, broke an all-time high on Friday, exceeding $2,900 per ounce, according to trading data. June palladium futures surged almost 3% to a maximum price value of $2,929, surpassing the previous record set in February 2020. Spot palladium jumped more than 3% to $2,930. By the end of the trading day, both gave up some of the gains, with spot palladium closing at nearly $2,860 and futures standing at around $2,856. The precious metal has been growing for the third month in a row, gaining over 30% during that time. The price spike comes amid growing concerns that rebounding demand from au

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