9/12, 7:36 PM (Source: TeleTrader)
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Palladium continues to surge, trades above $1,620

The price of palladium continued to rise on Thursday in its fourth session of gains this week.

The metal used in catalytic converters for the auto industry hit a high of $1,623.14 per ounce earlier in the day.

Palladium jumped 2.84% to $1,620.04 per ounce at 1:30 pm ET.

Breaking the News / JC