Palladium rocketed to an all-time high of US$2,875 on Friday. Output disruptions mixed with forecasts of rising automotive demand are fueling the uptick. Gold was moving towards a third week of gains as headwinds related to US 10 Year Treasury yields and the American dollar dissipated. As yields and the greenback consolidated, concern over US President Joe Biden’s tax plan announcement and the US Federal Reserve’s meeting next week aided the yellow metal’s growth. Values moved from US$1,775.90 per ounce to a four week high of US$1,796.50 by Wednesday (April 21). NEW! What’s Driving The Nickel Price?