Palladium set a fresh record high on Friday amid expectations that China's economic stimulus would drive demand for the autocatalyst metal, while news that Russia may ban exports of precious metal scraps compounded worries of a supply deficit.

Palladium set a fresh record high on Friday amid expectations that China's economic stimulus would drive demand for the autocatalyst metal, while news that Russia may ban exports of precious metal scraps compounded worries of a supply deficit.