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Palladium eyes $1,500 in record surge; gold hits 10-month top

Updated : February 19, 2019 11:07 PM IST

Spot palladium was up 0.7 percent at $1,467.62 per ounce at 11:35 am EST (1635 GMT), having earlier soared to an all-time high of $1,491.
A sustained deficit in supply was likely to widen this year as stricter emissions standards increase demand for catalytic converters, Britain-based autocatalyst manufacturer Johnson Matthey said last week.
Palladium eyes $1,500 in record surge; gold hits 10-month top

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