Tag: palladium bullion
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Russia-Ukraine Conflict Boosts Palladium Prices, Investors Eye Long-Term Gains
In 2022, Russia’s invasion of Ukraine sparked concerns about palladium supply, leading to a surge in prices. However, palladium had been on an upward trajectory since hitting a low in 2008. Back in May 2024, palladium was trading at over $1,000 per ounce, offering an alternative for value investors seeking exposure to precious metals. Byttlerom…
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Gold Exempt from Tariffs, Relief for Bullion Industry Expected
The White House recently announced exemptions from reciprocal tariffs, providing relief to the numismatic and bullion industry. Gold has been explicitly spared from these duties, while silver, platinum, and palladium are expected to be included, pending further confirmation. The National Coin & Bullion Association is closely monitoring these developments. In an official fact sheet released…
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Palladium Bullion Prices Volatile Amid Russia-Ukraine Conflict
Palladium Bullion Prices React to Russia-Ukraine Conflict The palladium market has been experiencing significant volatility, particularly in light of the ongoing Russia-Ukraine conflict. This geopolitical tension has raised concerns about the supply of palladium, leading to a surge in prices. Despite this recent uptrend, palladium has a history of price fluctuations, with a notable rally…
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Palladium Bullion Sees Record Bearish Betting and Short-Squeeze Spike
Palladium bullion experienced a significant shift in market dynamics, marked by a surge in bearish speculation and a subsequent short-squeeze rally that drove prices up by nearly one-fifth. Data from Nymex futures and options revealed a new record in bearish bets against palladium, coinciding with a sharp price increase to $940 per Troy ounce, although…
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Palladium Bullion Orders Open: 2025 Collection Launches Jan. 6
Palladium Bullion Orders Open: 2025 Collection Launches Jan. 6 As the new year unfolds, the United States Mint has set the stage for the commencement of bullion ordering for 2025 starting on January 6. This marks the initiation of transactions for the 2025 American Eagle gold and silver bullion program coins, along with the American…
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Global Leaders in Palladium and Platinum Production Revealed
In the realm of precious metals, palladium bullion holds a significant place as a crucial component in the global economy. Alongside platinum, palladium is part of the platinum-group metals (PGMs) category, which includes metals highly valued for their durability, resistance to corrosion, and exceptional catalytic properties. These metals play a vital role in various industries,…
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Palladium Bullion Price Forecasts: AI vs. Human Accuracy 2024
In the world of precious metals, the accuracy of price forecasts has become a battleground between human intuition and artificial intelligence. As the year 2024 unfolded, the spotlight fell on the predictions for palladium bullion prices, with ChatGPT and Gemini, two prominent AI tools, stepping into the arena. After a strong finish in 2023, expectations…
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Palladium Bullion Faces Volatility Amid Supply Concerns
The palladium bullion market is experiencing significant volatility, influenced by various factors such as supply concerns and geopolitical events. Palladium prices have been on a rollercoaster ride, with the recent rally triggered by Russia’s invasion of Ukraine, raising worries about supply disruptions. This surge follows a long-term uptrend since 2008 when palladium was trading at…
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Palladium Surges Amid US vs BRICS Bullion Battle
In the realm of precious metals, the spotlight is currently on Palladium as it experiences a significant surge amidst the ongoing tussle between the United States and the BRICS nations over bullion supplies. The recent rally in Palladium prices has captured attention, with the metal’s value increasing by nearly 10% in a short period. The…
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Palladium Bullion Prices Remain Volatile Amid Market Uncertainty
Palladium bullion prices have been experiencing significant volatility in recent times, reflecting the uncertainty prevalent in the market. The first quarter of the year saw a decline in both platinum and palladium prices, with platinum dropping by 8.77% and palladium by 7.91%. By the end of Q1, platinum futures closed at $907.70, while palladium futures…