How palladium and platinum’s success is linked to electric vehicles

Platinum and palladium have had very contrasting price movements in the past several years. In September 2017, the value of palladium surpassed that of platinum for the first time since 2000, when the Tocom Pd crisis hit the market. What was, and is, happening with these two metals and where will their futures lie? I will try to explain the past, analyze the present, and then try to predict what is going to happen in the foreseeable future.

Not less than five years ago when palladium’s value was still half of platinum’s, I had predicted that the palladium price would catch up with platinum in the near future. The reason for me was quite obvious; the very basic fundamentals of supply and demand. 

Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.

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