If you missed the palladium boom of the past two years don’t panic because the seeds are being sown for a surge to an all-time price high of up to $3500 an ounce, 175% up on where the metal was at the start of last year.
That bullish price forecast from Citi, an investment bank, will be well received in Russia, the world’s major producer of palladium, and South Africa, the second biggest supplier of a material used mainly as a catalyst in the exhaust systems of gasoline-powered cars.
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