I think the market forces that drive gold are different from the market forces that drive palladium.



It's getting near year end bonus time in places like India & China. They've traditionally driven those bonuses into gold as a way of saving for retirement. Gold is considered to be a safe long term investment. You're generally best recommended to hold for 20 years or more. It also has the advantage of being portable wealth.

Palladium is a different kind of animal. It's more of a commodity for use in the manufacture of catalytic converters. It's long term prospects are questionable. Folks don't see it now ... but in 20 years ... it's probable that EV's will have displaced at least half of the ICE powered vehicles on the road. It's looking like there are some states and European nations which will outlaw the sale new cars & trucks powered by gasoline & diesel engines by 2035. That's only 11 years from now. Crazy stuff ... hard to imagine.