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Commodities Briefing - Categorized | Investment, Metals and Minerals, Price Watch more

Investors see potential for palladium over $1,000/oz again

Posted on 29 October 2010

From Resourceinvestor.com: Value buyers are again looking at the relatively small palladium market and seeing the opportunity of further price gains. The fact that palladium remains well below its nominal high of nearly 10 years ago ($1,110.50/oz on a closing weekly basis seen on 26/01/10) is enticing hedge funds and investors.
Royal Bank of Scotland Plc said in a report today that platinum supplies may exceed demand through 2014 while palladium’s shortage will drive “significant price gains out to 2014.”………………………………………Full Article: Source


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