Palladium Falls Below Platinum as Auto Industry Shifts Preferences Palladium has fallen below platinum for the first time since February, reversing its long-standing price advantage. This shift reflects a weakening demand outlook for palladium, primarily used in gasoline-powered car catalytic converters, exacerbated by a shift in automaker preferences towards the relatively cheaper platinum amidst a broader economic recalibration since the Covid-19 pandemic. Meanwhile, platinum benefits from positive market projections and increased demand in plug-in hybrid vehicles, which use more platinum-group metals compared to traditional engines. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts "I Think It's 30 Seconds To Midnight" $10,000 Gold, Crisis & Civil Unrest – Mike Maloney READ MORE Record-Breaking July for CME Group: 24.8 Million Contracts Traded Daily READ MORE Central Bank Gold Buying – Latest Trends and Developments READ MORE March Jobs Surge Beats Forecasts, But Wage Growth Sparks Inflation Concerns READ MORE Diminished Fed Rate Cut Hopes to Keep U.S. Treasury Yields Elevated READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment