Palladium scaled a record peak to within striking distance of the $1,500 level on Tuesday fuelled by a sharp supply deficit, while bullion rose 1 percent to hit a 10-month high on a weaker dollar and global growth jitters. Spot palladium was up 1.3 percent at $1,476 per ounce by 1:15 p.m. EST (1815 GMT), having earlier soared to an all-time high of $1,491. A sustained deficit in supply was likely to widen this year as stricter emissions standards increase demand for catalytic converters, Britain-based autocatalyst manufacturer Johnson Matthey said last week. Adding to an already strained supply scenario for ... (full story)