Gold investors will be celebrating this weekend as the precious metal prepares to end the week close to its new milestone record high above $3,000 an ounce.

Palladium remains inexpensive compared to gold and silver at below the $1,000 per ounce level. Accumulating palladium at the current price and lower could be optimal, as the odds favor higher prices over the coming months and years.

Rhodium prices have leapt to their highest in 20 months, as buying interest from Amplats coincided with strong demand and lower first-quarter output in South Africa, two sources familiar with the matter said.