Rising anxiety about the world economy has sent gold on a stellar run. But the haven has been left in the dust by one of its precious-metal peers: palladium. A key ingredient in the catalytic converters that reduce pollutants in car fumes, palladium in January became the most expensive precious metal for the first time since 2002. After a 16% surge over the past month, it now fetches $1,555.20 a troy ounce, a premium of almost $140 an ounce over gold.

Source: Wall Street Journal July 04, 2019 12:21 UTC