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Bloomberg reported OAO GMK Norilsk Nickel (LSE:MNOD) said palladium and platinum are a better investment than gold for 2012.
Bloomberg reported OAO GMK Norilsk Nickel (LSE:MNOD) said palladium and platinum are a better investment than gold for 2012.
As quoted in the market news:
Palladium has rallied 24 percent from a one-year low in October while platinum has increased 16 percent this year. The metals are used in devices that capture noxious gases in vehicles and to make jewelry.
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