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Palladium Analysis

Platinum, palladium forecasts cut on oversupply, soft demand: Reuters poll

Analysts and traders have cut their forecasts for platinum and palladium prices after they underperformed gold and silver in the first quarter, as supply of the metals remains ample in the face of lackluster demand from jewelers and carmakers. Respondents to a Reuters poll of 31 analysts and traders said

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Palladium Price Weakness Drags Down Precious Metals Worldwide

Without major central bank actions, precious metals will continue to fall in Q2 and possibly longer. The decline that began in February has taken hold and looks to be a long-term trend that won’t end, based on market forces alone, for some time. The monthly Global Precious Metals MMI® registered

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Palladium drops to 1-yr low, Gold price at lowest in one week

Palladium fell to its lowest level in over a year on Monday afternoon London trading, while gold continued to build on losses amid gains in the dollar. Palladium was last seen at $723/7728 per ounce, down $14 for the session and down to its lowest level since February 2014. The

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Palladium Flying Under the Radar

When it comes to precious metals, gold and silver typically garner all of the market’s attention. Not many investors are focused on platinum and even less keep up with palladium. But over the last few years, palladium has outperformed its precious metals counterparts despite remaining under the radar of many

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Palladium to outperform in 2015 as platinum deepens losses: Reuters poll

Palladium is poised to outperform again in 2015, with prices seen rising six percent even as the wider precious metals complex struggles, a Reuters survey showed on Tuesday. Palladium’s sister metal platinum is facing a third year of losses, however. Respondents to a poll of 32 analysts, traders and other

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Palladium Is Rarer Than Gold and Now Rarer Still

America’s renewed love affair with the automobile is tightening global supplies of palladium, a metal rarer than gold. While each car requires only a few grams of palladium, demand in 2015 will probably exceed supply for a fourth consecutive year, according to Johnson Matthey Plc, a maker of catalytic converters

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Platinum market deficit seen at 885,000 oz in 2014-WPIC

The platinum market is expected to see a shortfall of 885,000 ounces this year, a report by the World Platinum Investment Council (WPIC) estimated on Wednesday, as a strike in major producer South Africa reduced supply. The above-ground stocks of the metal that have helped cushion prices from the impact

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Platinum and Palladium struggle despite positive fundamentals

Platinum and palladium prices continue to struggle amid a dwindling precious metals market, despite support from strong fundamentals that should be driving the price upwards, particularly in palladium. Palladium is currently trading amongst near-perfect fundamentals, the market remains in a deficit for the third year running, major strikes across South

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Palladium advances toward 13-year high

Palladium rose toward the highest level in more than 13 years as prospects of further sanctions against Russia increased concern that supplies from the largest producer may be disrupted. Gold held below a one-week high. Palladium for immediate delivery added as much as 0.4 percent to $908.83 an ounce, and

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Gold steady, Palladium near 13-1/2 year high as Ukraine crisis eyed

Gold held steady below $1,300 an ounce as investors eyed heightened tensions in Ukraine and awaited U.S. economic data, while palladium hovered near a 13-1/2 year high on fears that possible Western sanctions on Russia could hit supply. Spot gold was little changed at $1,286.60 an ounce by 0035 GMT.

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Palladium advances toward 13 year high

Palladium rose toward the highest level in more than 13 years as prospects of further sanctions against Russia increased concern that supplies from the largest producer may be disrupted. Gold held below a one-week high. Palladium for immediate delivery added as much as 0.4 percent to $908.83 an ounce, and

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Palladium skyrockets on Russia tensions, hits 13-year high

Palladium hit $900 a troy ounce on Monday for the first time since 2001, taking this year’s price gain to 25%. The precious metal has benefited from real and potential supply disruptions in South Africa and Russia, the two main producing countries. Together they account for close to 80% of

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Gold near 3-week high; Platinum and Palladium sink

Gold prices rallied Thursday to log their highest settlement in nearly three weeks as growing unrest in Iraq and weakness in U.S. equities drove demand. Platinum and palladium prices slumped, with palladium dropping almost 5% a day after closing at its highest level since 2001, as progress toward a resolution

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Platinum and palladium price unmoved by strike talks failure

The latest round of strike negotiations at South Africa’s PGM mines ended in failure on Monday prompting the responsible minister to abandon his mediation role. More than 70,000 workers at the world’s three largest platinum and palladium producers, Anglo American Platinum (LON:AAL), Impala Platinum (OTCMKTS:IMPUY) and Lonmin (LON:LMI), have been

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Palladium prices set to shine; Gold to see more declines

We saw a strong week for markets and select stocks as bears back-pedalled from their cries for a major downturn. It still seems that we’re in the early stage of a major bull market, and that any corrections should be relatively shallow, like the one we just saw. We aren’t going

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