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Switch to: Gold Prices Platinum Prices Palladium Prices
View: Commodity Information Market Times & Information
Current New York Time:
Nov 20th, 2008 08:03 am EST
Past Analytics:
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Palladium Consumption Information
Palladium is the other major metal of the platinum group. It is mined with platinum, and resembles it in many respects, yet there are important differences between the two metals. Palladium is also produced as a by-product of nickel mining. Russia supplies about 67% of production, South Africa, 23%; and North America, 8%. Annual production runs approximately 8.1 million ounces.
Automotive catalysts are the largest consuming sector, accounting for 63% of demand. Electronic equipment accounts for 21%; dental alloys, 12%; and jewelry, 4%.
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New York
ACCESS MARKET®
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Market hours (local time)
2:00 PM - 8:00 AM Mon-Thu
7:00 PM - 8:00 AM Sun.
After-hours futures trading is conducted via the NYMEX ACCESS electronic
trading system beginning at 2:00 PM on Mondays through Thursdays and concluding
at 8:00 AM the following day. On Sunday, the electronic session begins
at 7:00 PM. All times are New York time.
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London
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Market hours (local time)
8:30 AM - 4:00 PM, with Fixing at 10:30 AM and 3:00 PM.
The metal prices fixed twice a day here, known as London Fixes, are the
guidepost for the official gold trading around the world.
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Zurich
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Market hours (local time)
8:00 AM - 5:00 PM.
The core is the mutual settlement(gold pool) of the three biggest banks
in Switzerland.
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Hong Kong
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Market hours (local time)
8:30 AM - 12:30 PM
2:30 PM - 5:30 PM.
Hong Kong is center of gold trading in the Far East and the Southeastern
Asia.
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Sydney
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Market hours (local time)
9:00 AM - 3:00 PM.
Australia's geographical location is a natural place to maintain the continuity
of the spot gold market after New York traders go home and before the
Asian traders wake up. Sydney opens up shortly after the NY market closes
and overlaps the Hong Kong market.
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Disclaimer: The real-time NYMEX data is restricted information and is only provided as a courtesy.
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