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Barclays ‘Positive’ On Long-Term Prospects For Platinum, Palladium
Jun. 21, 2011 08:07AM PST
Precious Metals InvestingForbes reports that Barclays Capital analysts are “positive” on platinum and palladium for the long term although they believe the metals will move up and down.
Forbes reports that Barclays Capital analysts are “positive” on platinum and palladium for the long term although they believe the metals will move up and down.
The market news is quoted as saying,
Barclays says, “we believe the fears of the demand slowdown are overdone and the longer-term market outlook remains constructive for platinum and palladium.” Actual and potential supply disruptions mean supply may struggle to keep up with demand, Barclays says.