Thesis
Welcome to Orchid's Palladium Weekly report, in which we discuss palladium prices through the lenses of the Aberdeen Standard Physical Palladium Shares ETF (PALL).
PALL has taken a breather so far this week, after gaining a little bit more than 1% last week.
Although the annual LME Week in London held last week focuses on the base metals space, we took this opportunity to exchange our views on the precious metals space, including palladium. In line with our view, the majority of market participants holds that the appreciation in the palladium spot