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Thanks to increasing use of solar panels as governments boost renewable energy to meet climate goals, setting the stage for years of supply deficits, an industry report said on Wednesday.
While palladium hasn’t been hit with sanctions, Russia’s increasing isolation is still affecting supply.
Commodity prices skyrocketed in late February this year in response to a military escalation in the Ukraine that could result in wide-ranging sanctions against Russian exporters. Russia’s Norilsk Nickel, the largest palladium producer, like its main...
Gold jumped 6% m-o-m in February, to US$1,910/oz 1, the largest monthly gain since May 2021. Read more.
This year’s stunning gains are looking fragile on signs exports will be maintained and that demand from automakers could suffer.