Platinum, palladium to continue bull run

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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