Palladium jumps as speculators buy
Fri Mar 4, 2005 12:36 PM GMT
By Clare Black
LONDON (Reuters) - Palladium has stepped into the limelight with speculators buying the metal used mainly to clean car-exhaust emissions, sending it to three-month highs
"It is one of the few metals left that still looks cheap and therefore it must go up. That's the end of the argument for the funds," said Stephen Briggs, metals economist at Societe Generale Corporate and Investment Banking on Friday.
mehr:
hxxp://www.reuters.co.uk/...DODNGCRBAEOCFFA?type=businessNews&storyID=683842
Fri Mar 4, 2005 12:36 PM GMT
By Clare Black
LONDON (Reuters) - Palladium has stepped into the limelight with speculators buying the metal used mainly to clean car-exhaust emissions, sending it to three-month highs
"It is one of the few metals left that still looks cheap and therefore it must go up. That's the end of the argument for the funds," said Stephen Briggs, metals economist at Societe Generale Corporate and Investment Banking on Friday.
mehr:
hxxp://www.reuters.co.uk/...DODNGCRBAEOCFFA?type=businessNews&storyID=683842
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