Palladium Jumped to 2011 High on Supply Concerns

Gold remained under pressure after plummeting to a 15-week low as US economic growth showed more signs of acceleration and tensions in Ukraine stabilized for now. Currently trading at around 1264, the benchmark Comex contract appeared to have resumed weakness after months' of sideways trading. On the contrary, palladium firmed with the price soaring to almost a 4-year high of 844.65 earlier in the day.

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Palladium Jumped to 2011 High on Supply Concerns