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Nasdaq.com reports that French investment bank Natixis is bullish on it’s predictions for palladium in 2011.
Nasdaq.com reports that French investment bank Natixis is bullish on it’s predictions for palladium in 2011.
The story is quoted as saying:
According to the bank’s forecast, platinum and palladium prices are expected to average $1,650/oz and $520/oz respectively in 2011. Growing automotive sales in developing economies will underpin demand for the metals, used in autocatalysts to clean exhaust emissions, the bank said.
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