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Palladium on fire, Panton awakes

Palladium, already the best performing of the precious metals this year, could rise by another 50% next year to an almost unthinkable US$3,500 an ounce, a rise which will boost interest in two emerging Australian palladium projects, one old and one new.

Palladium on fire, Panton awakes Palladium on fire, Panton awakes Palladium on fire, Panton awakes Palladium on fire, Panton awakes Palladium on fire, Panton awakes

Demand for palladium as an auto-catalyst has been complemented by supply shortfalls

The optimistic price forecast comes from Citi, an investment bank, in its end of year commodities outlook, which also sees gold trading above $2,000/oz next year before "unwinding" in 2022.