Analysts Lower Palladium Targets for 2012

Reuters India reported Barclays and HSBC have lowered their estimates for precious metal prices, including palladium, in 2012 after last week’s losses.

As quoted in the market news:

Barclays also cut its average 2012 silver forecast to $32.5 an ounce from $35 an ounce, while also lowering platinum and palladium targets for the year.

Click here to read the full Reuters India report.