"While prices of base metals such as copper wallow and as gold and silver stand on shaky ground, precious metals with industrial uses are rising as their supply outlook tightens, subsequently upping their investment appeal.
Precious metals with industrial uses, platinum and palladium, rose more than gold last week".
Precious metals with industrial uses, platinum and palladium, rose more than gold last week".
"They have gained on persistent risks to their supply picture, a nuanced demand outlook and continued investor interest.
Labor uncertainty persists in key producer South Africa with Cigroup expecting production to suffer, while some say palladium supply from Russian stockpiles is all but exhausted. Meanwhile on the demand-side, the jewelry sector represents an interesting growth area for platinum and exchange-traded products backed by the white metals continue to receive healthy interest".
