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Price of Palladium

PostPosted: Thu Nov 01, 2012 11:31 am
by Derek.Sheriff
Why did it go so high at the end of 2000?

Re: Price of Palladium

PostPosted: Thu Nov 01, 2012 12:46 pm
by highroller4321
Derek.Sheriff wrote:Why did it go so high at the end of 2000?



The auto manufacturers switched the main metal in catalytic converters from platinum to palladium. Once palladium hit close to $1,100 an ounce they switched back.