The price of palladium rallied on Thursday as a row between the West and Russia continued.
With the next round of sanctions by the European Union expected as early as later today, the investors were seemingly worried about how new measures could affect the supply of the precious metal, found in large quantities in Russia.
Palladium soared 3.06% at 9:31 am ET, selling for $2,264.07 per ounce. Gold was also up by 0.15%, going for $1,928.81 a minute later, while silver and platinum lost 0.48% and 0.11% at the same time, selling for $24.34 and for $956.62 per ounce, respectively.
