Palladium was the best-performing precious metal last year, with prices rising more than 20 percent for its biggest annual gain in six years.

The precious metal is also on track for another year of deficit as demand from the automotive sector continues to grow and supply is tighten in South Africa and Russia. Analysts expect prices to continue to rise in 2017, with some predicting prices as high as $800 an ounce by the end of the year.” (Investing News, 09.01.17)