24.03.2015 - Palladium ETFs record biggest weekly outflow since August
Palladium-backed exchange-traded funds saw their biggest weekly outflows since August last week as prices of the white metal reversed the trend of the last two years to fall as gold, silver and platinum rose. Palladium ETFs, popular investment vehicles which issue securities backed by physical metal, saw outflows of nearly 50,000 ounces in the week to Friday, Reuters data showed. In the same period palladium prices fell 2.1 percent, even though other precious metals ended the week higher after an unexpectedly dovish statement on interest rates from the U.S. Federal Reserve...............................................Full Article: Source
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