The Colorado Legislature has passed a bill seeking to address an alarming increase in catalytic converter thefts. On May 4, the state House gave final approval to Senate Bill 9, which targets so-called motor vehicle “chop shops” dealing in stolen parts and commodity metals. The law requires anyone who acquires five or more vehicles for…
Gold, Palladium Retreat From Highs
March 9, 2022
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Business & EconomycommoditiescrisisEuropegoldMarketsmetalspalladiumRussia-Ukraine WarstocksUkraineWorld
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Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious metals in case of a further escalation in the Ukraine crisis. Spot gold fell 1.9 percent to $2,013.79 per ounce, as of 1047 GMT, snapping a four-session rally that…
Gold and Palladium Prices Spike on Russian Invasion of Ukraine
February 24, 2022
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Business & Economycommoditieseconomic policieseconomyEuropeGold PricesMarketspalladiumRussia Ukraine invasionRussia-Ukraine WarWorld
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Prices of gold and palladium have increased after Russia invaded Ukraine, driven by supply concerns and investors seeking out a safe haven in the yellow metal. Palladium reached its highest price level since August 2021 on Thursday and is currently trading at $2,636 an ounce. Meanwhile, spot gold reached a peak of $1,973.96, its highest…
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