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9/12, 4:04 PM (Source: TeleTrader)
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Palladium jumps to all-time high

The price of palladium surged on Thursday, hitting a new record high.

The silvery-white metal used mostly in the automotive industry is up just over 30% in value year-to-date.

Palladium surged 2.57% to $1,615.71 per ounce at 10:03 am ET, surpassing its previous high from March 21 of this year.

Breaking the News / JC