• 2001
  • adds comment, second byline, NEW YORK dateline) By Marcy Nicholson and Pratima Desai NEW YORK/LONDON, Aug 22 (Reuters) - Gold prices fell on Tuesday, pressured by the stronger U.S. dollar ahead of an annual meeting of central bankers this week, while palladium fell from its highest level since February 2001. (reuters.com)
  • Palladium was down 1.2 percent at $927.75 an ounce, after rising to $940, matching the prior session's peak and the highest level since February 2001. (reuters.com)
  • Spot palladium was trading down 0.6 percent at $1,031.75 an ounce from an earlier $1,042.50, its highest since February 2001. (reuters.com)
  • The palladium price made a new 13 year high today and reached $909/oz, its highest since February 2001. (etfdailynews.com)
  • Palladium prices last traded this high in March 2001. (etfdailynews.com)
  • The price for palladium peaked near US$1,100 per troy ounce in January 2001 (approximately US$1340 in 2009 dollars) driven mainly on speculation of the catalytic converter demand from the automobile industry. (wikipedia.org)
  • Reuters
  • Palladium faces headwinds from slowing car sales growth * Palladium substitution unlikely to be imminent (Updates prices) By Pratima Desai LONDON, Dec 22 (Reuters) - Palladium prices jumped to 17-year peaks on Friday as strong demand from autocatalyst makers reinforced the prospects of market shortages, but slowing car sales are expected to challenge further gains. (reuters.com)
  • ounces
  • Analysts think about 80 percent of global palladium demand, estimated at more than 10 million ounces next year, will come from autocatalysts for gasoline powered cars, which many now prefer over diesel fuelled vehicles. (reuters.com)
  • The palladium held in ETFs has halved to around 1.3 million ounces since July 2015. (reuters.com)
  • rally
  • Palladium hit a record high in a continued rally fueled by tight supplies and increased demand in the automotive industry for autocatalysts in gasoline-burning vehicles. (reuters.com)
  • Palladium has seen a sustained rally from high demand in the auto industry and a supply deficit, a New York-based trader said. (reuters.com)
  • prices
  • Palladium prices have doubled since January 2016 after Germany's Volkswagen in Sept. 2015 admitted it had used illegal software to cheat U.S. diesel emissions tests. (reuters.com)
  • At Goldmoney we offer inexpensive and transparent palladium prices. (goldmoney.com)
  • The palladium price is thus normally a subtle function of the prices of its other substitutes and all of these prices tend to move more or less in tandem with demand for autocatalysts and a few other niche industrial uses. (goldmoney.com)
  • Commodities
  • The relatively constant demand from the car production industry helped palladium avoid the worst of the protracted bear market in commodities , which saw the ETFS Physical Gold (PHAU LN) lose a third of its value between January 2012 and December 2015. (etfstrategy.co.uk)
  • demand
  • Investors in Palladium are advised to monitor the global car market closely for signs of changing demand levels. (etfstrategy.co.uk)
  • Due to its rarity and industrial usefulness, investment demand for palladium is high. (goldmoney.com)
  • Furthermore, during periods of robust economic growth, demand for palladium strongly increases. (goldmoney.com)
  • A post-crisis rebound in demand from the automotive market is providing a near-term tailwind for the palladium market," Morningstar reported. (newsmax.com)
  • With the cost of palladium expected to increase as demand becomes greater, Skaergaardite could begin to be mined for its valuable palladium resources. (wikipedia.org)
  • cheaper
  • Not only because the wealthy have less to spend on jewellery, but also because of strong competition in recent years from the cheaper alternative, palladium. (moneyweek.com)
  • This changed when platinum became so expensive that the jewellery industry, particularly in China, saw the potential for making and marketing much cheaper pieces made of palladium. (moneyweek.com)
  • high
  • Palladium ETF hits a new 52-week high on fears of short supply. (yahoo.com)
  • The adsorbent had a high adsorption capacity (130 mg palladium per gram adsorbent) and enabled fast adsorption of palladium(II) ions from solution (80 % of maximum capacity reached in 2 h). (springer.com)
  • Hallmarking
  • In July 2009, following a proposal by the British Hallmarking Council, an amendment to the Act also brought palladium under the hallmarking regime. (wikipedia.org)
  • market
  • Next year is set to be the seventh successive year of large deficits in the palladium market," GFMS analysts said in a recent research note. (reuters.com)
  • An investment in palladium is an indirect bet on the automotive market," Morningstar said in an article for Seeking Alpha. (newsmax.com)
  • global
  • Palladium is benefiting from tighter global emissions standards - major European cities including Paris, Munich, Oslo, Madrid and Athens have introduced, or are planning to introduce, bans or higher taxes on the vehicles. (etfstrategy.co.uk)
  • Global palladium sales were 212,000 kg in 2009, about 5% less than those in 2008. (wikipedia.org)
  • another
  • Russia's mining company Norilsk Nickel produces another 44% of palladium, with US and Canada-based mines producing most of the rest. (wikipedia.org)
  • assets
  • Since palladium is a tangible asset without counterparty risk, buying palladium is also a good way to protect your wealth against financial turmoil, unlike intangible paper assets, which are at risk of losing their value completely. (goldmoney.com)