Markets

Palladium ETF Plunges on Russia Sanction Relief

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A palladium-related ETF plunged Monday, testing its long-term trend lines, on hints that the U.S. might pullback sanctions on Russian companies. The ETFS Physical Palladium Shares (NYSEArca: PALL) declined 4.2% and was testing its long-term support at the 200-day simple moving average. Meanwhile, palladium spot prices were 3.9% lower to $989.7 per ounce. The U.S. [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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