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TD’s Melek Sees Platinum at $1,600, Palladium at $860 in 2015

Though palladium outperformed platinum in 2014, Bart Melek, TD Bank’s head of commodity strategy, still favors platinum out of the two metals and suggested that its price could hit $1,600 by the end of 2014.

Palladium Soars to Fresh 13-year High; Could Hit $1,000 Before Year End

Palladium has had quite a run so far in 2014. That trend continued last week when the white metal hit a new 13-year high on increased sanctions on Russia and a decrease in output from South Africa.