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Palladium still reigns supreme over precious metals

Posted on 24 July 2013

Unlike other precious metals, palladium has been on the receiving end of raft of positive attention over the last few months: in May, Thomson Reuters GFMS said in its Platinum & Palladium Survey 2013 that it expects palladium to remain in deficit next year, and in June, news surfaced that the metal was beating analysts’ expectations. Since then, an RBC Capital Markets report and a Reuters survey have expressed similarly rosy outlooks for the metal.
As June drew to a close, RBC Capital Markets echoed GFMS’ prediction that palladium will spend 2014 in deficit, citing continued increases in autocatalyst demand and declining Russian stockpiles………………………………………..Full Article: Source


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VRS - who has written 34673 posts on Opalesque Commodities Briefing.


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