Is Palladium Losing Its Shine?

Market News

Palladium Investing News reports palladium values in the world market have been affected by the auto market. Palladium and platinum are used in catalytic converters and other auto parts: the demand for the precious metals is slackening as a result of higher gas and oil prices. Palladium spot prices now rest at a three-year low, and …

Palladium Investing News reports palladium values in the world market have been affected by the auto market.

Palladium and platinum are used in catalytic converters and other auto parts: the demand for the precious metals is slackening as a result of higher gas and oil prices. Palladium spot prices now rest at a three-year low, and the prospects for growth are minimal at present.

For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.

The Conversation (0)
×