Palladium Dips on Geopolitical Volatility
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Palladium futures fell to around $1,570 due to a stronger US dollar and rising Treasury yields, alongside geopolitical tensions, particularly between Donald Trump and Iranian officials. This uncertainty has led to volatile trading conditions in precious metals. However, long-term demand for palladium remains supported by Nornickel's research into its use in lithium-sulphur batteries, which aims to enhance battery life for electric vehicles.
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