NYMEX palladium jumps $52 , shrugs off bearish supply news

摘要

NYMEX platinum and palladium futures ended firm on April 26, with palladium rallying more than $50 despite bearish supply news. Platinum for July delivery, the active month, gained $12.10 to close at $1,245.20/oz, while June palladium shot up $52.30 to $2,909.30/oz. A precious-metals analyst said palladium’s move higher was counter-intuitive, given the metal’s recent supply-side events.