In the first six months of ’09, palladium’s value could range from $125 to $300 per ounce. The outlook for palladium is positive in some of its applications, however, a worsening economic climate and the possibility of a stronger US dollar could send palladium to as low as $125/oz during the next six months.
Continue reading "What does 2009 have in store for palladium?"
Tuesday, November 4, 2008
Palladium finally got some upside last Wednesday, when it rose 5 percent on the sentiment that the recent price slip in the metal was overdone. Prices for palladium have fallen 56 percent in the third quarter, dropped 34 percent last month alone.
Continue reading "Who will be better for palladium prices? Barack or John?"
Tuesday, October 21, 2008
Palladium prices rallied on Monday, as the weaker dollar encouraged a recovery in the commodities prices after heavy losses last week. Bargain hunting after last weeks lowest price point was hit drove spot palladium to an intraday high of $197 an ounce, more than a five percent rally.
Continue reading "Dollar rallies palladium, but auto industry woes set the tone"
Tuesday, September 16, 2008
The stock market events of Sept. 15, 2008 have impacted all commodities markets, including precious metals such as palladium and platinum. Investors are unloading commodities at a rapid pace, in an attempt to seek safer investments.
Continue reading "Precious metals market suffers as stock market crashes"
Wednesday, September 10, 2008
The decline in auto industry sales is having a profound effect on palladium values in the world market. Palladium and platinum are used in catalytic converters and other auto parts: the demand for the precious metals is slackening as a result of higher gas and oil prices.
Continue reading "Is Palladium Losing Its Shine?"
Tuesday, August 26, 2008
Palladium futures for December delivery fell $3.60 to settle at $288.25 an ounce as dollar strengthened against the Euro. For more information, click here
Continue reading "Palladium slipped due to strength in Dollar"
For upcoming palladium investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
PalladiumInvestingNews.com maintains a focus on palladium exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Palladium Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Wednesday, January 28, 2009