Gold 
Palladium 
During the first three weeks of July platinum prices continued to rise, building on momentum set in place at the end of May. Prices reached levels last seen in 2014. Platinum’s ability to stay above the $1,400 level was important in driving prices up to an intra-day high of $1,511.40 on 21 July. Platinum prices were around the $1,330 level at the time of writing this report on 6 April, after having fallen to a low of $1,271 on 1 August.
As has been mentioned in previous editions of this report, the sharp gains in prices seen between late May through July appear to have been mostly driven by market reports that suggested a deficit in the platinum market and increased platinum imports into China to meet strong consumer demand for platinum jewelry in recent months.
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