Palladium Market Update : Epic Research Singapore

In other metals trading, September copper HGU5, +0.17%  added 1.6 cents, or 0.6%, to $2.631 a pound. October platinum PLV5, -0.52%  gained $8.30, or 0.8%, to $1,087.80 an ounce, while September palladium PAU5, +0.11%  rose $28.55, or 4.2%, to $701.20 an ounce.

Palladium is “overdue” for “a countermovement following the sharp price fall in recent weeks,” analysts at Commerzbank said. Palladium prices fell more than 13% in June.

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