Palladium news & headlines
Latest breaking stories, features and analysis
- Apart from October, palladium prices have been soaring since June 2020.
- China's manufacturing PMI are at a 3-year high.
- Car sales in China have been rising steadily.
Features & analysis
Palladium rises sharply after the US Presidential election
Joe Biden won the presidential election in his birth state of Pennsylvania this Saturday and he become 46th president of the United States. Palladium price is expected to continue to be supported over the long-run and could actually accelerate to the upside this November if the global situation stabilizes. Fundamental analysis: The sentiment for palladium remains bullish Palladium has seen a significant rise in price since the election day and th...
Is Palladium a buy or sell in November?
The price of palladium has weakened from $2382 below $2200 last trading week and the current price stands around $2287. The attention of investors is focused currently on the US presidential elections and according to the polls, US President Trump’s rival, Joe Biden, leads. Fundamental analysis: The sentiment for palladium remains bullish over the long-run Palladium has not seen a significant rise in price in the wake of the coronavirus crisis, a...
Which precious metals to buy in 2020?
The COVID-19 outbreak has seen many investors running for the exits. In the space of just a few days, the Dow Jones stock index printed a series of huge one-day losses on March 09, 12, and 16, when the Dow plummeted 12.93% in a single day, topping the original October 1929 Black Monday drop of 12.8%. Just eight days later, the index skyrocketed more than 11%, its biggest one-day gain since 1933. Swings like this, as traders work on huge selling a...
Latest Palladium news
Had to believe its 6 weeks since Brexit, All the uncertainty in markets drove investors into safe haven investments. With most attention going to gold and silver, many are missing out on the rallies in the less shiny precious metals.
Palladium rallied over 7% this week from multi-year lows and further gains are expected as worsening fallout from Volkswagen's emissions scandal and increase demand from China could push prices higher
Outflows from ETFs as investors profit-take and concern over the Norilsk deal have contributed to Palladium's recent decline, but a shortfall of 1.6 million ounces, supply risk and increasing demand, the fundamentals remain attractively very strong
UBS: Palladium ETF outflows amounted to 125.26 koz in August
Walter de Wet: Palladium stocks at 18 million ounces will need a year or two to draw down
Holdings in palladium ETFs drop by 120.86 koz to 2986.58 koz
Johnson Matthey forecasts record 1.6 moz deficit in 2014