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Palladium strikes record high on supply squeeze; gold gains

Updated : March 19, 2019 01:05 PM IST

Spot palladium was up 0.3 percent at $1,588.04 an ounce, as of 0435 GMT, after marking an all-time high of $1,592.02 earlier in the session.
"The demand has been an ongoing narrative for a while. So, the fundamentals are strong and there is an ongoing supply deficit problem," said Ilya Spivak, a senior currency strategist at DailyFX.
Palladium strikes record high on supply squeeze; gold gains

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