Palladium Overtakes Platinum

With the exception of lead and zinc, which posted month-on-month gains of $146 per metric ton (mt) and $77.50/mt, respectively, most metals gave up some of the August gains in September. The big metal pricing story among traders during September was the historically significant event of palladium overtaking platinum. At the end of September, palladium closed at $936 per ounce (oz), compared to $922/oz for platinum, according to Johnson Matthey.

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