Why are investors flocking to Palladium? | bestbrokers.co.uk

Why are investors flocking to Palladium?

Palladium is one of the top four precious metals (alongside gold, silver and platinum) and its price has recently reached a record high. Palladium is a lustrous white material, one of the six platinum metals and an essential component of antipollution devices for cars and trucks. Long regarded as the poor relative of precious metals, the price of palladium has doubled within a little over a year, making it more expensive than gold. Although some dark metals are even more valuable, palladium has been traded over gold for most of this year. Its price has thus risen by more than 50% since August, surpassing the price of gold for the first time since 2001.

This is a companion discussion topic for the original entry at https://www.bestbrokers.co.uk/blog/2019/11/22/why-are-investors-flocking-to-palladium/