Palladium rose for a fifteenth day, heading for its longest run of gains on record, and exceeding the highest-ever price of gold. Spot palladium jumped Thursday to a record of $1 933.66/oz, extending its year-to-date gains to 53%. Prices have been driven by supply concerns as mines in South Africa, the world’s No. 2 palladium producer, were shut down for 24 hours this week because of electricity shortages. State power utility Eskom Holdings is still implementing rolling blackouts, although at a lower level.
