On January 5 palladium tumbled nearly 6 percent as the strong dollar knocked down all the precious metals. The metal hit a daily low of $178.50 an ounce, but was quoted at $180.00. On January 12 the metal picked up some steam, and rebounded to $191 per ounce.
Continue reading "Palladium chosen as safety against inflation"
Friday, December 26, 2008
Palladium was up 0.9 percent at $176.50 an ounce. For full story, click here
Continue reading "Palladium prices were up"
Tuesday, December 2, 2008
Prices of precious metals platinum, palladium and silver are expected to slump next year as demand sags in line with economic growth. This is tough news, considering how much of a price decline the metals have already witnessed in 2008.
Continue reading "Extended downside expected for palladium"
Wednesday, November 26, 2008
Duluth Metals new NI 43-101 Preliminary Economic Assessment confirms higher production rate and positive economics with current metal prices. For full story, click here
Continue reading "Duluth Metals confirms higher production rate"
Thursday, November 20, 2008
Bleak economic prospects and a stronger dollar could over the next six months send prices of precious metal palladium to near 12-year lows $125 an ounce, an industry report said. For full story, click here
Continue reading "Palladium prices could crash to $125/oz -JM"
Tuesday, November 18, 2008
Palladium is just another metal that is having a bad year, and according to an industry report things will not be looking up anytime soon. The outlook for palladium in certain applications is positive, however deteriorating economic conditions around the globe continue to impact price.
Continue reading "Poor economy downplays fundamentally stable Palladium"
Monday, November 17, 2008
The chairman of the Stillwater Mining Co. said company officials are reviewing operations as prices for palladium plummet and Detroit automakers struggle. For full story, click here
Continue reading "Stillwater Mining reviews operations"
Friday, November 14, 2008
Prices of Palladium surged the most in 8 months in New York as equities rallied worldwide, helping to boost demand for precious metals. For full story, click here
Continue reading "Palladium Prices up in N.Y. as Global Equities rise"
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"
Wednesday, October 1, 2008
Palladium and platinum values have tumbled on world markets as auto sales continue to stall, and the proposed 700 billion dollar bailout by Congress may or not be reconfigured to pass into law.
Continue reading "Palladium Falls as US Dollar Rises"
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Tuesday, January 13, 2009