JUST IN 🚨
Palladium prices just surged to their highest level in nearly three years 📈📈. This sharp move is catching attention across commodity markets.
The jump comes as supply remains tight and demand stays firm, especially from the auto industry where palladium is widely used in catalytic converters. Ongoing disruptions in major producing regions and lower stockpiles are adding pressure on prices ⛏️.
At the same time, traders are positioning for potential shifts in global manufacturing and emissions standards, which could keep demand elevated. When supply struggles to keep up, prices tend to react fast, and that’s exactly what’s happening now 🔥.
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