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03.06.2020 Palladium Daily Analysis

Palladium today is trading at 1,976.70usd and it went down with 0.30% . The commodity trades nearly 30% below the record prices in February, and there

Yazar: editor_1

Yayınlanma: 3 Haziran 2020 18:52

Güncellenme: 13 Kasım 2024 20:37

03.06.2020 Palladium Daily Analysis

Palladium 1,976.70usd,-5.90,-0.30% Palladium today is trading at 1,976.70usd and it went down with 0.30% . The commodity trades nearly 30% below the record prices in February, and there are signs of improving demand for the metal, which has managed to hold again for the year despite economic pain which was caused by the coronavirus pandemic. For the palladium to end the year higher than 2000usd  an ounce because of higher demand for the metal will be a bit challenging there should be a boost from automobile sales from China and North America, also they should be low supply from South Africa and Russia.
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