Gold 
“Over the course of February palladium prices gave back their January gains, with prices back to levels at the end of 2024. Palladium prices have been range bound over the past year, moving mostly between $880 and $1,100.
Prices are expected to remain in this range over the next few quarters, with the potential to break the downside of this range if global economic conditions weaken going forward. At this time, economic conditions are holding up well in the United States but have been soft in Europe and China. While Chinese auto sales are growing, much of that growth is driven by government incentives to purchase electric vehicles, which is not supportive of palladium fabrication demand.”
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.
