Strenghth in Palladium Continues in 2011
BonTradePlatinum and palladium recorded the second consecutive year of positive returns, rising +20.5% and 97.2% respectively, in 2010. Recovery in the auto sector and robust investment demand for precious metals were key reasons for the impressive performance. PGMs remained firm in the first 2 weeks in 2011 with platinum rising to 1833, the highest level since July 2008, and palladium to 825.1, a level not seen since March 2011.
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Strenghth in Palladium Continues in 2011
