When discussing precious metals, gold and silver often dominate the conversation. However, platinum and palladium have carved out a niche of their own, largely driven by industrial demand rather than investment speculation. Nowhere is this more evident than in the automotive sector. These two metals play critical roles in vehicle manufacturing, particularly in catalytic converters used to control emissions. In commodities trading, understanding the relationship between platinum, palladium, and the auto industry provides a unique lens through which traders can anticipate supply-demand dynamics and price movement. Why the Auto Industry…
Read MorePlatinum vs Palladium: Understanding the Auto Industry Connection
