Palladium: A Better Show Than Gold

- October 14th, 2009

Palladium Investing News reports palladium has a bullish outlook. “We expect investment demand combined with a rebound in platinum jewellery demand in China and strong emerging market auto sales to offset weaker autocats demand in the developed markets,” the bank said in a note. “With only a weak recovery in primary supply we expect this … Continued

Palladium Investing News reports palladium has a bullish outlook.

“We expect investment demand combined with a rebound in platinum jewellery demand in China and strong emerging market auto sales to offset weaker autocats demand in the developed markets,” the bank said in a note.

“With only a weak recovery in primary supply we expect this will lead to a deficit market in platinum over the next two years and a declining surplus market in palladium over the same period.”

For full details of this story, click this link.

Follow developments in resource mining and exploration for free.

Sign on to the Resource Investing Newsletter.

Tags

Tags:

Leave a Reply