Palladium up to $907.60 on Supply Fears

Palladium rose for a fourth straight session on Monday to trade near a 13-1/2 year high on fears that supply from top producer Russia could be hit due to the Ukraine crisis, while gold dipped slightly on a stronger dollar.

Palladium had climbed 0.6 percent to $904.75 an ounce by 0051 GMT, near a 13-1/2 year peak of $907 hit on Friday.

Investors fear possible Western sanctions on Russia over the Ukraine crisis could hit supply of the metal used in auto catalysts.


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