Palladium extends gains to near $1,500

Economies.com
2019-02-20 14:54PM UTC

Palladium rose today on strong minerals demand while investors await the Federal Reserve's meeting minutes today. 

 

President Trump said his administration doesn't want to increase tariffs on Chinese commodities when the current truce ends in early March. 

 

Markets are looking forward to a new round of US-China trade talks, with Trump praising them as going pretty well. 

 

Now markets await the Federal Reserve's minutes for the last meeting, at which policymakers voted to hold rates steady. 

 

Palladium futures rose 0.6% to $1,462.7 an ounce, with an intraday high at $1,479.4, and a low at $1,451.2. 

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