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Palladium seen as 2013’s top-performing precious metal

Posted on 23 July 2013

Palladium, this year’s top performing precious metal, is heading for a strong end of year as brighter economic conditions favour industrial demand for the metal and supply tightness remains in place, a Reuters poll showed on Monday.
In contrast, confidence in platinum has weakened due to its stronger correlation with gold and softer demand prospects. A survey of 20 analysts, traders and fund managers yielded a median palladium price forecast of $740 an ounce, only slightly below that of $750 in a similar poll done in April………………………………………..Full Article: Source


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