Palladium Poised for Comeback

The Standard reports investors have left the palladium market in droves, and the coming months are likely to be a cooling-off period.

The market news is quoted as saying,

Palladium, which is mainly used in catalytic converters for gasoline- powered vehicle engines, has been one of the weakest commodities this year, falling about 5 percent to around US$750 (HK$5,850) an ounce, after having virtually doubled in 2010.

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