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The new metal is killing the glow of gold, why are the Russians laughing? | holy



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November 25, 2018 07:12 |

This metal now has the best performance of the leading metals, and investors are increasingly being lured into it.

Palladium prices (silver and white metal) record record levels.

This metal now has the best performance of the leading metals, and investors are increasingly being lured into it.

Nearly 70 percent of palladium demand comes from the automotive industry, according to the CPM research group. Metal, which is mainly used in catalysts, plays an important role in moving the car industry from diesel to petrol engines. The change has increased demand in the market that currently has a limited supply.

Experts also say that smog in China is another factor that contributes to the flourishing demand for palladium. The higher the pollution standard, the car manufacturers use more and more catalysts.

Analysts from the Siti Group are predicting a further rise in the price of this metal, but now the issue of the offer is being addressed.

Russia and South Africa together produce about three-quarters of the world's stock. The Russian company Nornikelj is the largest palladian producer in the world.


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