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Palladium Gaining Popularity.
Says Barclay Capital.
Barclays has identified the sector that has shown most promise in palladium demand as holding the key to price performance in the short to medium term. "We expect demand for palladium to continue to grow robustly in the jewelery sector, led by strong gains in China. Chinese jewelery demand for palladium rose by 71.4% last year, accounting for more than 16% of global demand compared to levels close to virtually zero in 2003," it suggested.
We recently blogged on the merits and characteristics of Palladium here:
Folks, keep an eye on this metal. Currently at $300/oz, prices will surge if the Big Boys like Stuller get into the market and start manufacturing and promoting Palladium jewelry pieces on a large scale.
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