Palladium Futures Drop 5.37% on July 17 Amid Rate Concerns

XPD2.01%
XPT2.28%
According to Huawen Futures, on July 17, platinum and palladium futures contracts declined sharply. Palladium futures (pd2608) fell 5.37% to close at 294.45, while platinum futures (pt2608) dropped 4.67% to 392.15. Market participants attributed the decline to repeated inflation concerns and shifts in macroeconomic sentiment, despite continued expectations of supply shortages supporting prices.
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