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6/14, 10:52 AM (Source: TeleTrader)
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Palladium jumps to three-month high

Palladium leaped to a three-month high on Friday, trading higher for the seventh consecutive session.

The metal used in automobile catalytic converters continues to perform well after having gained over 18% in value since the beginning of the year and is up nearly 10% for the last month.

Palladium jumped 1.31% to $1,467.24 per ounce at 10:44 am CET, its highest level since March 27 of this year.

Breaking the News / JC