While palladium hasn’t been hit with sanctions, Russia’s increasing isolation is still affecting supply.

The more immediate concern for all metals traders is whether the LME can fix its broken nickel contract, writes Andy Home.

Russia's invasion of Ukraine has led to a surge in prices of metals used in cars - from aluminum in the bodywork to palladium in catalytic converters to the high-grade nickel in electric vehicle batteries.

Gold is playing its age-old role as a safe haven in times of wars and crises.

India’s biggest producer is seeking alternative sources for coal supply to its European and Indian operations.

The LME said the market had become disorderly, with prices not reflecting the physical market.

Also limiting gold was the anticipation of a rate hike by the US Federal Reserve next week.