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 Rogoff Warns: Biden and Trump Policies Could Skyrocket US Debt READ MORE Historic Debt Costs Loom: 2025 Debt Interest Costs to Exceed World War II Levels READ MORE Fed's Key Inflation Rate Aligns with Expectations, Boosting S&P 500 READ MORE McDonald’s $5 Meal Deal Highlights Inflation Battle READ MORE Precious Metals Surge: Gold and Silver Hit Record Levels READ MORE Add a Comment Cancel replyYour email address will not be published.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