Palladium Future is looking bright with palladium futures increased trading volumes.

It seems that investors are now paying more attention to this often overlooked platinum-group metal.

Kyoei Bussan expects December palladium futures to trade in a Y1,200-Y1,500 range.

Palladium is currently trading at around 366USD an ounce.

Palladium is a rare silver-white transition metal of the platinum group to which it resembles, it is extracted from copper and nickel ores and is primarily used as an industrial catalyst and in jewelry. it is becoming increasingy more popular with jeweler manufacturers due to it being softer than platinum yet looks just as white and clean.

This entry was posted on Monday, January 21st, 2008 at 5:40 pm and is filed under Palladium News.