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Palladium's hot run turns cold in metal's biggest-ever turnabout

Prices slumped 20 per cent on Thursday, the most on record, and the metal used to curb emissions from petrol-fuelled vehicles has lost almost a third of its value last week.

New York

DURING market crashes, palladium isn't the first commodity that comes to mind. That'd typically be reserved for gold, the oldest of all safe havens, or maybe oil, a notoriously volatile asset.

But while those two have garnered plenty of attention recently, no commodity has...

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