Palladium resumes rally as Ukraine crisis rages, gold clears $2 000/oz
Palladium prices surged on Tuesday as the Russia-Ukraine crisis fuelled supply worries, with the conflict also powering safe-haven gold back through the key $2 000 level. Spot palladium jumped 5.9% to $3 173.02 per ounce by 0716 GMT, resuming its rally after slipping from an all-time high of $3 440.76 to close marginally lower on Monday.