15
April
Palladium price jumps on industrial and investment demand (GC in Daily Telegraph)
15 April 2010 The Telegraph
Palladium, a platinum group metal, is used in the manufacture of catalytic converters for vehicles, as well as jewellery, so prices are highly sensitive to global economic prospects.
"Palladium looks overbought in the short-term," according to Mark O'Byrne, director of precious metals consultancy Goldcore, "but there is strong investment demand after the recent launch of a US palladium exchange-traded fund (ETF).
