The platinum market is expected to be broadly balanced over the year with a deficit of 65 000 oz forecast for this year. Above ground stocks are expected to end the year at 1.89-million ounces, which is a 3% decline
Palladium prices rose to a two-year high in April, making it the biggest gainer among precious metals. Last month we outlined some of the factors contributing to the palladium price rise: a growing auto sector; a strong South African currency; a
Mean reversion is one of the most powerful mathematical forces in the universe. (The “mean” is just another word for the “average”.) In mean reversion, extreme or random events may take you one way – but then they usually revert
Platinum prices in 2017 have been outperforming the broader market, making the precious metal a worthy investment. The price of platinum has gained 9% this year from $905.70 on Dec. 30, 2016, to $987.60. These returns top the Dow Jones Industrial
Mobile emission catalyst helps in emission reduction from automotive and stationary engines from many vehicles such as cars, trucks, commercial vehicles and buses. It reduces emission of various gases such as carbon dioxide (CO2), carbon mono oxide (CO), hydrocarbons (HC),
At just over $950 an ounce, platinum is trading at a near all-time discount to gold. Meanwhile, the market is faced with serious platinum supply deficits that almost promise to send prices much higher from here. And for the few
Global Forecast to 2021″, published by MarketsandMarkets(TM), the market is projected to grow at a CAGR of 8.05%, to reach a market size of USD 55.16 Billion by 2021. The Catalytic Converter Market is primarily driven by the stringent emission
Palladium prices are seeing a significant amount of upside and even after they set a fresh two-year high on Thursday they saw more strength on last Friday. Palladium futures for May delivery closed up 1.7%, taking their weekly advance to
Despite a 6% retreat this month, 2017 platinum price forecast remains extremely bullish. In fact,Money Morning Resource Specialist Peter Krauth expects the price of platinum to soar 34.2% to $1,300 by the end of the year. platinum’s recent decline has only been
Exchange-traded fund investors are staying hot on platinum, even as money managers get cold feet on the metal. Holdings in platinum-backed ETFs posted a sixth straight weekly gain on Friday, the longest stretch since November. That came after U.S. money