Palladium can be found in car filters, industrial catalysts, electronics and jewelry. While South Africa holds 80% of the world’s palladium reserves, Russia’s stockpiles have kept global supply at a surplus.

Palladium contracts for December delivery was up more than 5% at one point Friday.

ETFS Physical Palladium Shares

For more information on palladium, visit our palladium category.

Max Chen contributed to this article.