Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

Palladium Prices Set to Rise in 2011, Platinum Surplus to Increase

Share on Stocktwits

Source:

"Platinum is expected to witness another sizeable gross surplus in 2011."

Commodity Online

Platinum, which witnessed a sharp growth in 2010 at one million ounces, is expected to witness another sizeable gross surplus in 2011. This is partly due to the fact that mine output is set to rise from forecast gains in North America.

Palladium saw a return to large gross deficit estimated at 550,000 ounces in 2010 and will see an increase in prices to $975 before the end of the year. Growth in auto-catalyst demand to a 10-year high in 2010 on rebounding car sales and demand from the electronics industry helped support Palladium prices. . .View full article

Want to read more about Base Metals and Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe