Palladium on the Defensive Early, Likely to Rise in 2012

Kitco reported palladium is likely to begin 2012 on the defensive and taking many hits, but as the year goes on the white metal is expected to rise.

As quoted in the market news:

TD Securities looks for platinum to average just $1,375 in the first quarter and palladium to average $560, but then looks for improvement in each of the next three quarters. By the fourth quarter, TD Securities looks for palladium to average $825 an ounce and for platinum to average $1,800.

Click here to read the full Kitco report.