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LGT Raises Palladium, Platinum, Silver Forecasts for This Year
Jan. 07, 2011 01:07PM PST
Precious Metals InvestingBloomberg.com reports that LGT raised forecasts for both platinum and palladium for 2011.
Bloomberg.com reports that LGT raised forecasts for both platinum and palladium for 2011.
The story is quoted as saying:
Palladium may climb as high as $1,111 an ounce, LGT analyst Bayram Dincer said in a report today as he lifted his forecast for average prices by 35 percent. Dincer increased his 2011 average estimates for platinum by 3.5 percent to $1,888 an ounce and for silver by 14 percent to $33.33 an ounce, while his gold forecast was little changed at $1,499 an ounce