Judging from the coverage on gold and silver one can't blame people for thinking that precious metals as a whole have been performing badly in recent times. However, this is not completely true considering the strong showing of palladium. While gold is currently down by almost 18% year-on-year palladium is enjoying close to 27% growth in the same time frame (check the chart below for proof).
About 30% of palladium produced annually comes from recycling; the rest (about 210 tonnes) is fresh supply from mines in Russia (41%), South Africa (38%), Canada, the USA and Zimbabwe. Palladium always occurs alongside platinum and rhodium, forming the platinum group metals or PGMs. Only a few ore bodies...
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