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Resource Investor reports that palladium is expected to continue as a solid investment with increasing demand from the auto industry.
Resource Investor reports that palladium is expected to continue as a solid investment with increasing demand from the auto industry.
The market news is quoted as saying,
As promised on Thursday, we now bring you the pertinent highlights of the CPM Group’s findings on the palladium market for 2010. Our analyst friends at that fine research house in New York noted that palladium’s total global supply climbed by 6.5% last year, to reach 8.4 million ounces. The principal driver of the increase in palladium supplies to the market was a hefty rise in recycling activity.