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[size=38]Metal Entering Multiple Industries At The Highest Level In Weeks
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LAST UPDATE 04/08/2022 | 7:05 PM
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Information/Baghdad...
The price of an ounce of palladium metal rose today, Friday, by about 9%, and the price of the metal reached the level of $ 2439 an ounce, for the first time since February 25, 2022.
The metal rose during the trading session on the Comex Stock Exchange to the highest level since last February 25, and by 16:04 Moscow time, it rose by 9.71% to $ 2439 an ounce.
The use of palladium is essential in many industries, as it can be used in the electronics industry, as well as in dentistry and medicine in general.
Palladium can also be used in groundwater treatment, hydrogen purification, and the jewelry industry, in addition to being widely used in the manufacture of catalytic converters.
Russia is the world's largest producer of this metal, and the Russian company "Norilsk Nickel" is the largest producer of palladium in the world, producing 39% of the global production of it. End/25
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