Palladium – Nanowerk News reported that chemical engineers at Rice University have found that engineered nanoparticles of gold and palladium are more efficient at breaking down nitrites, "a common and harmful contaminant in drinking water," than any of the other catalysts they have studied previously.
Articles Tagged "Palladium Market News"
Palladium – Reuters reported that yesterday, spot palladium's 50-day moving average was set to break above its 200-day moving average, "a highly bullish formation known as a golden cross." The movement suggests that the metal has room to rally in the next six months or so.
Palladium – Bloomberg reported that today, palladium futures for December delivery rose 0.4 percent, to $719.50 per ounce, after earlier sinking to $713.30, their lowest price since October 17.
Palladium – Kitco News reported that although palladium has seen some profit taking this week, it is currently the only precious metal that has gained in 2013 — it is up around 5 percent. As a result, it has been attracting the interest of speculative buyers.
Palladium – ETF Daily News reported that the Federal Reserve's decision to not taper quantitative easing — along with other factors — will eventually boost palladium prices, noting that investors interested in the metal might look to the ETFS Physical Palladium Shares (ARCA:PALL).
Palladium – Bloomberg reported that next year, as record global car sales keep them in short supply, platinum and palladium will be the best-performing precious metals.
Palladium – In its weekly bulletin, Platinum Today reported that this week, palladium prices were pushed up by the United States' debt deal, a weak dollar and strong third-quarter figures from China.
Palladium – Mineweb reported that according to Absa Capital, the palladium exchange-traded product (ETP) it plans to launch this year may not attract as much demand as its platinum fund. The reason for its thinking is that palladium is less linked to South Africa than platinum.
Palladium – Reuters reported that Absa Capital has received regulatory approval for a Johannesburg-listed palladium exchange-traded fund (ETF) that it plans to launch by the end of 2013. The ETF will be backed only by palladium sourced in South Africa.
Palladium – ETF Daily News reported that of the key precious metals, palladium has held up the best this year. Moving forward, palladium prices are set to move even higher on the back of demand from the automotive sector.