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The palladium price continues to grow as the price of platinum collapsed in the last few years. Platinum was used in diesel car which was believed to be a greener option but diesel has lost out to petrol as per the new regulations in Europe and car makers are now using palladium in a petrol car. Investment platinum can become an alternative metal if the price of palladium continues to grow beyond $1500 an ounce, but the implementation of any such change may take many years.
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