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Capital Economic Says Palladium Poised for 22% Gain By End of 2014
Apr. 08, 2013 03:19PM PST
Precious MetalsMarketwatch reported that commodities economists at Capital Economics say palladium is set to see big gains by the end of 2014 as production for this precious metal continues to decline.
Marketwatch reported that commodities economists at Capital Economics say palladium is set to see big gains by the end of 2014 as production for this precious metal continues to decline.
As quoted in the market news:
Falling production due to cost-related closures and potential labor unrest means that the prices of platinum and palladium could still rise by around a fifth by the end of 2014, and rhodium by as much as two-thirds,” said Ross Strachan, commodities economist at Capital Economics.