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Gold Now Has A Challenger For The Mantle Of Most-Precious Metal: (PALL)
FYI: The scramble for palladium supply has taken the precious metal within striking distance to its costliest cousin -- gold.
Palladium, used as an autocatalyst in gasoline-fueled vehicles, climbed to a record for a fourth time this month as users of the precious metal compete for limited supply. Investors continue to pull the commodity from exchange-traded funds, taking holdings to the smallest in almost a decade. The cost to borrow the raw material for a month climbed to more than triple the yield on 10-year Treasuries. Regards, Ted https://www.fa-mag.com/news/gold-now-has-a-challenger-for-the-mantle-of-most-precious-metal-42141.html?print
