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Why palladium outperformed platinum recently: The Saxo Bank version

Posted on 19 November 2012

In “Platinum 2012 Interim Review” Johnson Matthey, a world leader in platinum distribution had projected a shortfall of 915,000 ounces in palladium for 2012, a substitute for platinum, due to lower mine supply, reduced Russian stock sales (down to 250koz from 755koz in 2011) and record demand from auto catalytic manufacturers.
The report triggered a 7 percent jump for palladium and only a 2 percent on platinum; Saxo Bank said in a report……………………………………….Full Article: Source


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