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Investors Turn Away From Palladium as Price Falls
Jun. 24, 2015 05:07AM PST
Precious Metals InvestingMineweb reported that speculators have pulled away from investing in Palladium as its price drops back to below $700.
Mineweb reported that speculators have pulled away from investing in Palladium as its price drops back to below $700.
As quoted in the market news,
When gold and silver were struggling in 2014, investors increasingly turned to palladium – its fundamentals looked strong given growing Chinese demand for cars and a supply deficit that was set to widen after a five-month strike in South Africa.