Tag: palladium

New Colorado Law Takes Aim At Catalytic Converter Thieves

May 9, 2022
catalytic converter theftsCrime and IncidentspalladiumplatinumUSUS News
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The Colorado Legislature has passed a bill seeking to address an alarming increase in catalytic converter thefts. On May 4, the state House gave final approval to Senate Bill 9, which targets so-called motor vehicle “chop shops” dealing in stolen parts and commodity metals. The law requires anyone who acquires five or more vehicles for…

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Gold, Palladium Retreat From Highs

March 9, 2022
Business & EconomycommoditiescrisisEuropegoldMarketsmetalspalladiumRussia-Ukraine WarstocksUkraineWorld
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Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious metals in case of a further escalation in the Ukraine crisis. Spot gold fell 1.9 percent to $2,013.79 per ounce, as of 1047 GMT, snapping a four-session rally that…

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Gold and Palladium Prices Spike on Russian Invasion of Ukraine

February 24, 2022
Business & Economycommoditieseconomic policieseconomyEuropeGold PricesMarketspalladiumRussia Ukraine invasionRussia-Ukraine WarWorld
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Prices of gold and palladium have increased after Russia invaded Ukraine, driven by supply concerns and investors seeking out a safe haven in the yellow metal. Palladium reached its highest price level since August 2021 on Thursday and is currently trading at $2,636 an ounce. Meanwhile, spot gold reached a peak of $1,973.96, its highest…

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