Palladium rising

Source: http://www.kitco.com/charts/livepalladium.html

Palladium is going up, unlike gold, silver and platinum.  I have no idea why.

"In contrast to most metals—indeed, most commodities—palladium has held up pretty well. It is the only major metal showing a gain, 18 per cent, over the past six months. It is also the only metal to have bounced back from April's selloff, up 6 per cent in May to $US740 an ounce.

Much is going palladium's way. Catalytic converters used for vehicle emissions control account for two-thirds of the metal's demand, weighted heavily to gasoline engines. That is important, because gas-powered vehicles constitute about 80 per cent of the global fleet, and the two biggest markets—the U.S. and China—heavily favour gasoline vehicles and are expanding."

--http://www.theaustralian.com.au/business/wall-street-journal/russia-impacts-palladium-price-with-unexpected-exports/story-fnay3x58-1226646797938