Bloomberg reports Europe may show resistance to the proposed sanctions due to its reliance on the metals
The announcement comes just days after China said it would begin offering the same investment options by the first quarter of 2025
The Guangzhou Futures Exchange (GFEX) will launch platinum and palladium futures in Q1 2025, according to the producers' council.
Precious metal has lagged heavily over five years, but is starting to show signs of upward momentum
Platinum and palladium have seen better days, but could recent U.S. sanctions against Russia help prevent the precious metals from reaching market and drive prices higher?