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Barclays: Palladium ‘vulnerable’ due to macro uncertainty, negative investment flows

Posted on 09 December 2011

According to Barclays Capital, Palladium could be “vulnerable ” in the short term. Shortly after 8 a.m. EST, Nymex March palladium was $7.45 softer at $678 an ounce after previously rallying strongly from the November close of $612.60.
The amount of metal held by global exchange-traded products was unchanged Wednesday but remains at the lowest level since March of 2010, Barclays added………………………………………..Full Article: Source


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VRS - who has written 38109 posts on Opalesque Commodities Briefing.


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