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A salesman shows gold necklaces to a customer at a jewellery showroom during Dhanteras, a Hindu festival associated with Lakshmi, the goddess of wealth, in Kolkata, India November 5, 2018. REUTERS/Rupak De Chowdhuri

BENGALURU (Reuters) – Palladium prices hit record levels on Thursday amid falling supply and growing demand, while gold stood firm on expectations the U.S. Federal Reserve will hold off on further interest rate hikes.

Reporting by Nallur Sethuraman in Bengaluru; Editing by Joseph Radford

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