The performance of the major precious metals continued to diverge in September, with the palladium price buoyed by the Volkswagen scandal, while the other precious metals edged lower (before gold jumped in the wake of the weak US labour data, today.) Fears of a hard landing in China added to demand concerns for the more “industrial” precious metals. However, China’s imports of precious metals picked up strongly in August as low prices started to feed through into higher buying.
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