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North American Palladium & the growing demand for PGMs

North American Palladium hit a new 52-week high of $7.62 so far this week, in part because the market has gone gaga for all things palladium. The company's shares had been showing support around $6.69 and resistance in the $7.45 range, but investors continue to push palladium-minded stocks higher in the belief that growing demand for PGMs, or platinum group metals, will continue to be ramped up.
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2026 Winter Olympics: Metals price rally pushes value of medals above $1.3M

Based on current market prices, a gold medal would have an intrinsic value of about $2,212.
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