LGT Raises Palladium, Platinum, Silver Forecasts for This Year

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

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