Tag: palladium bullion
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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…
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United States Mint Updates Palladium Bullion Pricing Grid
The United States Mint has made adjustments to its pricing grid for numismatic products involving gold, platinum, and palladium, in response to the recent upward trend in spot prices for these precious metals. This modification is in preparation for the launch of the Proof 2024 230th Anniversary Flowing Hair, High Relief gold dollar. The revised…
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Palladium Struggles Despite Russia’s Leading Production Status
Palladium Bullion Market Analysis Palladium, a precious metal, has faced challenges despite Russia’s dominant position as the leading producer. The turmoil sparked by Russia’s invasion of Ukraine in 2022 initially boosted palladium prices, which had been on an upward trajectory since hitting a low in 2008. Recent data indicates that palladium futures have been hovering…
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Russia to Add Silver to State Reserves in Precious Metals Strategy Shift
Russia is making a significant move in its precious metals strategy by considering the addition of silver to its state reserves, alongside gold, platinum, and palladium. The potential inclusion of silver in Russia’s State Fund, as outlined in the Draft Federal Budget, marks a departure from past trends where silver has been overlooked by central…