Gold 
Silver 
“Palladium prices have been rising alongside the other precious metals. Much of its gains have been tied to strength in the platinum market. Palladium is essentially an industrial precious metal and its fabrication demand fundamentals are heavily influenced by economic conditions. While economic growth has been holding up well so far this year, there are cracks developing which could hurt palladium’s fabrication demand. A faltering U.S. labor market coupled with prospects of higher inflation could weigh on demand for big ticket items like cars and for some of the more discretionary electronic purchases. These prospects are expected to act as headwinds to prices, however, strength in other precious metals, particularly platinum, coupled with seasonal strength in prices should help drive palladium prices higher over the next couple of quarters. Given the sharp gains in palladium prices in recent weeks some pullbacks should be expected. However, the market is expected to remain in an uptrend in the near future. An increase in palladium prices toward $1,600 or even 1,850 in the near term is quite possible.”
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
