Precious Metals

Mineweb reports that Bart Melek, head of commodity strategy for TD Securities, expects platinum to move into deficit by 2013, with palladium deficits to deepen over the next three years.

Mineweb reports that Bart Melek, head of commodity strategy for TD Securities, expects platinum to move into deficit by 2013, with palladium deficits to deepen over the next three years.

The editorial is quoted as saying,

“The PGMs sector is a prime example where higher government taxes and ownership policies can materially impact future platinum and palladium prices,” Melek noted in recent research report.

For the complete editorial, click here.

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