Don’t Expect Palladium Prices To Plunge

Don’t Expect Palladium Prices To Plunge

Over the past month, there has been a deluge of news heralding a new era of palladium, which has soared above the $1,000 per ounce mark for the first time in the past 16 years. Moreover, palladium also overtook platinum and is still being traded at a premium to it. The overwhelming majority (78 percent) of the world’s palladium is used in gasoline-fueled cars’ catalytic converters, with minor volumes going into electronic resistor production and…

Palladium Rally Is About More Than Just Autos

Palladium Rally Is About More Than Just Autos

Palladium has been on a tear this year. Its spot price increased 45 percent year on year in the first half of 2017, and it now trades at a 16-year high. Although the rally has largely been attributed to the strong demand from the automotive industry, there’s a geopolitical risk premium baked into the price.

Platinum Group Metals – A Quiet Storm Brewing

Platinum Group Metals – A Quiet Storm Brewing

Platinum looks to challenge resistance. Six years of a platinum deficit. Look for the platinum discount under gold to narrow. Palladium is the most volatile precious metal. PGMs are industrial precious metals. Platinum and palladium have posted gains so far in 2017 alongside their precious cousins, gold and silver. Platinum and palladium are not only precious but they are industrial metals. The rarity of the platinum group metals puts them in a class by themselves….

Weird Things In The Palladium Market Represent Opportunity

Weird Things In The Palladium Market Represent Opportunity

The big drop in palladium over the past week remains unexplained by analysts. Physical palladium holdings in the ETFs have been declining despite strong price action, which is a significant divergence from the gold, silver, and platinum ETFs. This drop in physical holdings may suggest there is a physical deficit and physical palladium is being taken out of the ETFs to supply the market. We think this strange divergence in the palladium market represents an…

Reading the Movement in the Gold-Palladium Ratio

Reading the Movement in the Gold-Palladium Ratio

Gold-palladium ratio Among the four precious metals, palladium has shown the strongest performance, and its market fundamentals are upward scaling. The chronic deficits of the palladium market are a major determinant in its upward price movement. Palladium had seen a year-to-date rise of 9.9%, which is higher than the rise in platinum, silver, and gold on January 11, 2017. In 2016, palladium was underperforming its precious metal peers, but now it’s outperforming them.

Palladium Nanoparticles May Reduce Cost of Fuel Cells

Palladium Nanoparticles May Reduce Cost of Fuel Cells

Laboratories devoted to nanotechnology research are exploring the possibilities of using palladium nanoparticles to reduce the cost of fuel cells and catalytic converters. They have even found that palladium nanoparticles can help clean up organically polluted ground water. Palladium is an element that can be used as an option to platinum in jewelry and as a catalyst. Palladium has similar properties to platinum but costs about half as much.

Platinum, Palladium May be New Focus in Precious Metals Rally

Platinum, Palladium May be New Focus in Precious Metals Rally

Gold prices have rallied sharply this year, but it may be time for other precious metals to shine. According to some analysts, platinum and palladium are starting to look more attractive to funds hoping to ride the precious metal rally this year. The two metals recently closed out their best months in years. Platinum for October delivery rose 12% to $1,150.60 last month, its largest monthly percentage increase since January 2012. Palladium for September delivery…

Market Update: Precious Metals Soar On Sanctions Against Russia

Gold, platinum, and palladium prices rose today as new sanctions on Russia increased safe haven demand. Spot palladium peaked at $895 an ounce, its highest level since February of 2001. Spot gold is up at $1,323.70 an ounce. Spot platinum rose to $1,509 an ounce. Read today’s market news here: U.S. Sanctions on Russia Lift Precious Metals, The Wall Street Journal CME group throws down gauntlet in race to run gold fix, Reuters Follow Capital Gold Group on Facebook and Twitter…

Precious Metals Complex Continues to Move Higher on Strong Near-Term Technical Break Out

Precious Metals Complex Continues to Move Higher on Strong Near-Term Technical Break Out

This week started off slow in terms of economic reports, but towards the middle of the week the activity picked up with the release of the Federal Reserve minutes and the Bank of England (BOE) monetary policy meeting on Thursday. The minutes from the last Federal Reserve meeting didn’t have any major surprises. The one talking point is the mention of completion of the tapering process by October of this year with a final $15…