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Think Stocks Are Hot? This Car Metal Keeps Hitting New Records: (PALL)

TedTed
in The Bullpen
FYI: Palladium is up 30% so far this year and 67% from the beginning of its rally in August.

A metal that is key to filtering car emissions is one of the best-performing investments this year, boosted by greater environmental scrutiny of auto makers and signs of a supply crunch.

The price of palladium, a critical component of the catalytic converters used in gasoline-powered cars, has surged 30% so far this year to a record $1,551.90 a troy ounce, extending a rally that started in August to a 67% gain. The price rose 0.8% Tuesday on the New York Mercantile Exchange, climbing for a seventh consecutive session.
Regards,
Ted
https://www.wsj.com/articles/think-stocks-are-hot-this-car-metal-keeps-hitting-new-records-11552996800


M* Snapshot PALL:
https://www.morningstar.com/etfs/ARCX/PALL/quote.html
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