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Palladium Demand for 2010 by GFMS

Investing News Network
May. 17, 2010 07:37PM PST
Precious Metals Investing

The start of 2010 has shown a new exchange traded funds (ETFs) for both palladium and platinum.  The auto industry, specifically gasoline engines have been using palladium.  The less established European ETFs increased the demand palladium. Russia is the world’s largest producer of palladium at this time.
GFMS predicts that palladium will show a larger gross […]

The start of 2010 has shown a new exchange traded funds (ETFs) for both palladium and platinum.  The auto industry, specifically gasoline engines have been using palladium.  The less established European ETFs increased the demand palladium. Russia is the world’s largest producer of palladium at this time.

GFMS predicts that palladium will show a larger gross deficit this 2010 compared to the fall in demand in 2009.

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