Norilsk Says Palladium Better Investment Than Gold

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.

Click here to read the full Bloomberg report.