Gold 
Silver 
“Palladium prices largely moved between $880 and $1,125 during 2024. Palladium prices did trade outside of this range on a few occasions, with the largest move outside this range occurring in October, when concerns about supply disruptions to Russian mine supply drove prices higher to touch an intraday high of $1,255. Prices quickly declined back into the long-held range when it became clear that Russian mine supply was unlikely to be disrupted.
There have been several occasions since the war broke out between Russia and Ukraine in which the markets have pushed palladium prices sharply higher either because they believed that direct sanctions would be imposed on Russian palladium supply or Russia would hold back its supplies from Western markets. As CPM stated on several occasions, neither of those scenarios would play out and they have not so far in the three-year history of that war.”
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
