Ring Of Passion

Palladium Market– Is it Time to Sell?

Palladium, like many other precious metals, has been enjoying excellent growth in value since the financial crisis as savvy professional investors moved out of stocks and bonds, which were taking a swan dive, and into assets such as gold, silver, platinum and of course, palladium. These metals are typically used as a hedge against a weak dollar and inflation, especially in times of adverse economic activity.

At the onset of the recession the value of palladium leapt with double-digit growth, but the summer months of 2009 demonstrated a wavering in the price of many metals - including palladium.

Platinum is bouncing underneath the $1,200 per ounce mark, gold is volatile, silver is hanging and palladium is stuck around $290 per ounce.

More disconcerting for metal speculators is that trading volumes are thin – the market is still and doesn’t seem to know which way to move.…

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