Palladium Surges 8% in One Day to Test Long Term Resistance

Ibtimes.com reported that Palladium Surges 8% in One Day to Test Long Term Resistance:

Palladium has surged 8% since yesterday (low of $506 per ounce to $545 per ounce now in value) on concerns about depleted Russian stockpiles of the metal and strong industrial and investment demand – especially from the recently created palladium ETF.

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