Gold, palladium compete for ‘most precious metal’ title

An impressive rally recently lifted prices for gold back to their highest levels since 2013, while palladium prices crept back toward the record highs they saw in March. Both metals look to climb even further, analysts say.

“The two metals have been in a race for the most precious for some time, palladium is still winning.”

Palladium trades just over $134 an ounce above the price of gold. Before this year, it hadn’t been priced higher than gold in more than a decade.

Jubilee Metals Group plc (LON:JLP) is a diversified metals recovery company, focusing on the reprocessing of historical mine waste and surface materials.The Company has secured surface platinum-bearing tailings to recover PGMs and chromite, lead, zinc and vanadium bearing tailings in Zambia and holds the mining right to a primary PGM project in the Eastern Bushveld complex.

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