- Platinum Investing News - http://platinuminvestingnews.com -

Platinum's Luster Expects to Be Outdated by Palladium

May 7, 2010 @ 4:55 pm In Platinum Articles

Platinum is being outdated by Palladium because if a palladium-to-platinum ratio is made, the number of ounces of platinum needed to buy an ounce of palladium hit its highest since 2006 in April at 0.33, up from 0.20 a year ago.

David Wilson, an analyst at Societe Generale is quoted as saying:

“There seems to be a general acceptance that the palladium story is fundamentally stronger, largely because of the Chinese motor-vehicle sector, while the platinum motor-vehicle-catalyst market in Europe is still looking not particularly healthy."

Source: http://www.thejakartaglobe.com/anufacturing/palladium-expected-to-steal-platinums-luster/372643 [1]


Article printed from Platinum Investing News: http://platinuminvestingnews.com

URL to article: http://platinuminvestingnews.com/719-platinums-luster-expects-to-be-outdated-by-palladium.html

URLs in this post:

[1] http://www.thejakartaglobe.com/anufacturing/palladium-expected-to-steal-platinums-luster/372643: http://www.thejakartaglobe.com/anufacturing/palladium-expected-to-steal-platinums-luster/372643

Copyright © 2010 Platinum Investing News. All rights reserved.