COMMODITIES

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

Mon, Mar 16, 2020 - 5:50 AM

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.

PHOTO: REUTERS

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...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.