Is Palladium Price High Enough to Make GM Flirt With Substitution?
MetalMiner’s Global Precious Monthly Metals Index (MMI), tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe, is now officially in a two-month uptrend this November after several months of declines. The Global Precious MMI came in at a value of 85 for its November 2018 reading, up 2.4% from 83 last month, continuing a steady upswing (the sub-index’s level this past September had not been seen since January 2017). The U.S. platinum bar price sustained its own bounce-back with another spike this November. As my colleague Fouad Egbaria mentioned earlier this week, the platinum-palladium ... (full story)
- Posted: Nov 8, 2018 8:51pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 29