26.09.2014 - Platinum and palladium struggle despite positive fundamentals
Platinum and palladium prices continue to struggle amid a dwindling precious metals market, despite support from strong fundamentals that should be driving the price upwards, particularly in palladium. Palladium is currently trading amongst near-perfect fundamentals, the market remains in a deficit for the third year running, major strikes across South Africa this year, no new mining facilities online and demand from China climbs higher as the country looks to meet emissions targets in auto catalysts. However, spot palladium dropped below $800 today, continuing on the downside to the lowest level since April. ..............................................Full Article: Source
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