Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

Some metal prices are finally down, a potential deterrent for catalytic converter thefts

Aug 7, 2023
Lower palladium prices might also lead to fewer catalytic converter thefts, which spiked when the metal fetched a premium.
The high price of palladium led to a rise in catalytic converter theft, said metal trader David Holmes, but that trend might be turning around.
Justin Sullivan/Getty Images