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Palladium breaks $1,500 barrier for first time; gold rises

Palladium price broke records

Palladium jumped above the $1,500 per ounce mark for the first time on Wednesday, propelled by a stark supply deficit, while gold hit a 10-month high on a weaker dollar as investors awaited cues on U.S. monetary policy. Spot palladium, which traded as high as $1,502 per ounce, was up 0.74 percent at $1,490.50 at