Palladium ETFs slump as prices weighed down by China's COVID-led curbs

GT Resources

25/04/2022 16:32

** Palladium ETFs slump after prices of autocatalyst metal
 XPD=  fall ~13% to their lowest level in nearly a month as
China's COVID-led curbs stoke demand concerns  urn:newsml:reuters.com:*:nL3N2WN2IP
    ** Abrdn Physical Palladium Shares ETF  PALL.P , Sprott
Physical Platinum and Palladium Trust  SPPP.P   SPPPu.TO  and
abrdn Physical Precious Metals Basket Shares ETF  GLTR.P  lose
2.9%-9.1%
    ** Shares of Palladium One Mining Inc  PDM.V  tumble 16.7%;
set for its worst day in 18 months, if losses hold
    ** Shares of other metal miners also fall as prices
tumble urn:newsml:reuters.com:*:nL3N2WN2ZH

 (Reporting by Ruhi Soni in Bengaluru;)
 ((Ruhi.Soni@thomsonreuters.com;
Twitter: https://twitter.com/ruhithere;))