Palladium was the only precious to be on the positive track on Monday, as the equity rally deteriorated the flight to safe haven investments. Palladium’s near term outlook remains bleak, as reports from Europe said that car registrations dropped 18 percent in February.
Continue reading "Palladium steady despite precious metal price retreat"
Monday, March 9, 2009
Palladium has enjoyed a similar rally to platinum, fixing at $217/oz on 18th February, its highest since November 2008. There is a solid reason for the recovery — production is being reduced at many mining companies, and Norilsk reiterated its much-reduced output forecast for 2009. For full story, click here
Continue reading "Why Palladium ETFs are booming"
Wednesday, February 18, 2009
The rand gained as palladium prices rallied and gold traded near a seven- month high. For full story, click here
Continue reading "Palladium prices rallied"
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Wednesday, March 25, 2009