Barclays: Platinum, Palladium to Outperform Gold and Silver

Mineweb reported that according to Barclays plc (NYSE:BCS), platinum and palladium are likely to outperform both gold and silver in 2014.

As quoted in the market news:

In terms of the PGMs, Barclays writes, ‘We expect another deficit for platinum and palladium this year, with supply risks for platinum focused at the start of the year, while palladium faces robust demand and challenging supply. However, sizeable above ground stocks are likely to cap significant potential upside for the PGMs.’

While for gold and its sister metal silver, Barclays says it expects to see another surplus in 2014 with ‘further disinvestment perhaps presenting the largest downside risk.’

Click here to read the full Mineweb report.