Palladium Investing News reports palladium seems to be the only precious metal on a steady positive track.
However, palladium’s near term outlook remains bleak, as news out of Europe showed new car registrations declined 18 per cent in February. For the palladium market, automotive catalysts are the largest consuming sector, accounting for 63 per cent of demand. Electronic equipment [...]
Palladium Investing News reports palladium ETF securities rise.
ETF Securities said on Monday the amount of metal it holds to back its Physical Palladium exchange-traded commodity PHPD.L rose 12,628 ounces or 8 percent in the week to February 6. The ETC now holds 172,911 ounces of palladium.
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Palladium Investing News reports one analyst have predicted that palladium prices could be in a range of $125 to $300 per ounce.
In his opinion, the outlook for palladium is positive in some of its applications. But a worsening economic climate and the possibility of a stronger US dollar could send palladium to as low as $125/oz during the [...]
Palladium Investing News reports on the newly elected President of America and its impact on palladium prices.
Palladium prices are based on U.S. currency, so Tuesday night’s election result will impact palladium’s post election price. A win by Democrat Barack Obama over his Republican opponent John would be marginally better for the dollar, but only because the [...]
Palladium Investing News reports as the dollar weakens with the settling of financial markets, palladiun rallied to about $169.50 per ounce.
Palladium and platinum have both taken big hits due to the health of the auto economy. In the US, between September 2007 and September 2008, car sales fell by 26.6 per cent, and the trends [...]
Palladium Investing News reports spot market for palladium remained unchanged on NYMEX after the markets rallied.
Palladium is currently trading for a bid/ask price of $197.00/205.00: this is unchanged from October 13.08, when the Dow Jones climbed 936 points.
The Dow Jones ceased its dizzying climb today as investors stepped back: Ed Yardeni, who performs investment strategy analysis for [...]
Palladium Investing News reports the recent credit crunch will slow down the use of palladium in industrial production.
Traditionally, investors feel safe buying precious metals when faced with uncertain stock market conditions, but the latest crisis in world markets have caused a ripple of sell-offs as nervous investors fear monetary losses : even “safe” commodities such [...]
Zinc Investing News reports zinc and lead metal commodities are being sold off as the financial bail-out plan was approved by US Senate legislation.
As of October 6/08, spot prices for zinc and lead have plunged 4.53 and 6.10 percent, respectively. This commodity sell-off is affecting zinc and lead companies as well, with lower stock quotes [...]
Palladium Investing News reports with the stall in the US$700 billion dollar bail-out plan, prices of palladium have fallen with the rise in US dollar.
The US dollar saw an amazing rise on world markets today, probably due to a second bailout plan, which may succeed in being passed through Congress in the near future. The [...]
Palladium Investing News reports spot prices for palladium fell as the US law makers made a decision on the financial bail out.
While there are many analysts who feel that the proposed 700 billion dollar deal is counterproductive, more still believe that failure by the U.S. government to intervene and assist failing banks will result in [...]
Thursday, March 26, 2009
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