Palladium Top Stories

PLATINUM GROUP METALS (Mineweb)

Palladium is an appealing investment because future jewelry and industrial demand will be strong, Norilsk Nickel ( GMKN.MM ), the world's largest palladium producer, told the Reuters Global Mining and Steel Summit.

Gold Declines in New York on Stronger Dollar, Chinese Reserves (Bloomberg)

March 9 (Bloomberg) -- Gold in New York fell to the lowest price in more than a week as the a strengthening dollar reduced demand for the metal as an alternative asset and China said bullion probably won?t be the country?s main reserve investment.

LBO Firms Can?t Spend $503 Billion as Deadlines Loom (Update1) (Bloomberg)

March 10 (Bloomberg) -- Buyout funds sitting on half a trillion dollars committed by investors may need more than a decade to put the money to work if mergers and acquisitions continue at the current pace.

Gold Rises on Demand for Currency Alternative; Palladium Jumps (Bloomberg)

March 5 (Bloomberg) -- Gold futures rose, capping a weekly gain, on investment demand for the metal as an alternative to holding currency. Palladium jumped to a 20-month high.

Buyout Firms Can?t Spend $503 Billion as Fund Deadlines Loom (BusinessWeek)

Buyout funds sitting on half a trillion dollars committed by investors may need more than a decade to put the money to work if deals continue at the current pace.

Palladium Rides High on Auto Recovery (TheStreet.com)

Palladium is set to generate strong investment returns during 2010, driven both by its use as a precious metal and as a replacement for platinum in automobile manufacturing.

Gold, Little Changed, May Gain for First Day in Three on Dollar (Bloomberg)

March 10 (Bloomberg) -- Gold, trading little changed in Asia, may gain for the first time in three days as a resumption in the dollar?s weakness boosts investor demand for the precious metal as an alternative asset.

While you were sleeping: Stocks steady, yen drops (Scoop.co.nz)

March 9 (Business Wire) - Global equities were steady overnight ahead of the latest series of data on the Chinese economy, while the yen fell sharply on expectations the Bank of Japan was preparing to ease monetary policy.

Gold Declines to One-Week Low in London on Dollar?s Gain, China (Bloomberg)

March 9 (Bloomberg) -- Gold fell to a one-week low in London as the dollar halted its decline and China said bullion probably won?t be the country?s main reserve investment.