(Mike Maharrey, Money Metals News Service) A slowdown in demand for electric vehicles has injected optimism into the platinum group metal (PGM) markets.
Platinum and palladium are integral inputs in the production of catalytic converters for both gasoline and diesel-powered engines. They are also used in chemical and petroleum processing, electronics, and specialized medical and industrial equipment. Platinum is popular in jewelry, and both platinum and palladium garner physical investment demand.
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