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Palladium price to hit all-time record in 2019

The gold price will struggle to rise more than 2% above a forecast average of US$1,280 per ounce in 2019, but market favourite palladium will hit an all-time record, according to Metals Focus founding director Philip Newman.

Palladium price to hit all-time record in 2019 Palladium price to hit all-time record in 2019 Palladium price to hit all-time record in 2019 Palladium price to hit all-time record in 2019 Palladium price to hit all-time record in 2019

Crack a record: Metals Focus' Philip Newman sees a palladium price in record territory

Speaking to Mining Journal ahead of today's publication of the consultancy's precious metals investment focus, Newman said palladium still enjoyed the strongest supply and demand fundamentals across the four major precious metals.

"We expect palladium to remain the best performer among precious metals in 2019. Following a projected 14% increase this year, the annual average price is forecast to rise by another 13% next year...

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