Palladium Plunges 3% As Industry Expects Temporary Global Surplus

Palladium futures are falling more than 3% to finish the trading week as the rare metal recorded both a weekly and monthly loss. After looking like prices were headed to $3,000, palladium cratered amid the coronavirus pandemic that shut down entire economies. With many major markets gradually reopening, could the metal commodity climb back above the crucial $2,000 threshold in May?

June palladium futures plummeted $73.10, or...

Palladium Plunges 3% As Industry Expects Temporary Global Surplus

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