[miningmx.com] – THE price of palladium rose to its highest since 2011 as strong investment demand coupled with the supply constraints sent the metal to $810/oz in early US trade, a 13% advance this year, said Bloomberg News.
“It’s a double-edged sword for palladium, we’re seeing robust demand and also supply constraints,’ James Moore, an analyst at FastMarkets told the newswire service.
“You’ve got the South African strikes and concern regarding Russian sanctions as tension bubbles along. Investment demand is strong,’ he said.
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