19.11.2012 - Why palladium outperformed platinum recently: The Saxo Bank version
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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