“Palladium prices moved higher alongside the other precious metals during March. Prices made a rapid decline in early April in response to the reciprocal tariff announcements made by the Trump administration.
As an industrial precious metal palladium is particularly vulnerable to weakness in economic growth. Economic growth is at risk due to deteriorating consumer and business confidence, which has been hit by the uncertainty surrounding the on again off again approach being adopted by the Trump administration regarding tariffs.”
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
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