Palladium Deficit, Platinum Balance Expected in 2011

Resource Investor.com reports that there is an anticipation of a supply deficit for Palladium in 2011.

The editorial is quoted as saying:

Analysts from the United Kingdom-based company said they were forecasting that palladium prices will trade as high as $850 an ounce in the next six months while averaging $710 per ounce. The noble metal was trading at $675 an ounce, down $4 from a day before at the time of the release of Johnson Matthey’s Platinum 2010 Interim Review in New York.

To access the full editorial, click here.