EXCHANGE RATE OF XPDUSD ON FOREX

The XPD/USD currency pair shows the ratio of the palladium to the US dollar. The price of this precious metal is somewhat lower than platinum and gold, but palladium is also in high demand. Like gold and platinum, it can be used as a protective asset, if you know the further dynamics of its price. Palladium is used in the chemical and automotive industries. Increasing the cost of oil leads to increase in interest in palladium. Pay attention, the increase in quotations may be affected by changes in the plans of the leading producer - the company "Norilsk Nikel".

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