Palladium prices touch $1,000 for the first time since 2001
The price of palladium climbed above $1,000 (â¹64,700) an ounce for the first time since 2001 amid a shortage of supply. The metal is used in emission control devices to curb pollution mainly from petrol-powered vehicles. Palladium became one of this year's best-performing commodities, advancing 48%, which is more than three times the increase in gold.