Platinum and palladium market updates: Like gold and silver, PGM (platinum-group metals) has taken a real beating. Many analysts though believe these metals were way oversold. Some also believe palladium has the most favorable outlook – an improving auto market in China and the U.S., coupled with supply issues, will drive palladium prices higher. One analyst though commented that PGMs may languish for a little while, but the fundamentals of supply and demand suggest they’re still strong. Read more…
FOCUS: Analysts Look For Recovery In PGMs After Sell-Off In Sympathy With Gold
April 19, 2013 by