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ETF Trends reported on the bullish outlook for palladium exchange traded funds.
ETF Trends reported on the bullish outlook for palladium exchange traded funds.
As quoted in the market news:
Palladium prices have been moving upward with the ascent of other precious metals on central bank monetary stimulus. The ETFS Palladium ETF (NYSEArca: PALL) is a physically-backed exchange traded fund that has suffered outflows behind the scenes.
Investors have been piling into precious metal stocks and ETFs such as gold, silver and even palladium. However, even as palladium prices have inched upward, the fund has seen minor outflows recently.