On the supply side, strike and labor disputes threaten production in South Africa, which accounted for 35% of palladium mined in 2012. In Russia, home to the world’s largest palladium producer, reserves are depleting and mines are coming out with lower-quality ores. Moreover, Russia’s stockpiles are expected to fall over 50%. [Palladium ETF Boosted by Continued Deficit Fears]
ETFS Physical Palladium Shares
For more information on palladium, visit our palladium category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own GLD.