Palladium Investing News reports palladium has a bullish outlook.
“We expect investment demand combined with a rebound in platinum jewellery demand in China and strong emerging market auto sales to offset weaker autocats demand in the developed markets,” the bank said in a note.
“With only a weak recovery in primary supply we expect this will lead to a deficit market in platinum over the next two years and a declining surplus market in palladium over the same period.”
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