85.88 -0.35 (-0.41%)
Pre-Market: 4:09AM EDT
|Bid||0.00 x 1000|
|Ask||0.00 x 1000|
|Day's Range||86.15 - 86.60|
|52 Week Range||79.96 - 107.47|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.60%|
Palladium’s movement often diverges from that of other precious metals. Palladium rose 0.5% on Monday, despite other precious metals falling. Palladium often follows the industrial side of the market. About 80% of industrial palladium is used for catalytic converters in automobiles. With easing US-China tensions, the possibility of higher industrial demand in China has risen. The country’s car sales are improving, and China is a big market for General Motors (GM), Ford, and many other multinational brands. In 2017, China (FXI) sold ~27. ...
Palladium and related exchange traded funds were outperforming in the precious metals space Monday as China and the U.S. put the trade war on hold and agree to further talks. The ETFS Physical Palladium Shares (PALL) rose 2.4% Monday and was testing its long-term trend line at the 200-day simple moving average. While gold was weakening Monday and touched its lowest intraday levels of the year on easing trade tensions between the U.S. and China, palladium prices strengthened on the prospects of improved trade relations and potentially increased industrial demand out of China.
A palladium-related ETF plunged Monday, testing its long-term trend lines, on hints that the U.S. might pullback sanctions on Russian companies. The ETFS Physical Palladium Shares (PALL) declined 4.2% and was testing its long-term support at the 200-day simple moving average. Meanwhile, palladium spot prices were 3.9% lower to $989.7 per ounce.
All These Are Playing Gold: Are You? Palladium has fallen the most among the four precious metals on a YTD (year-to-date) basis. Palladium is famous more as an industrial metal than as a precious metal due to its heavy industrial uses. Palladium is also used as a catalyst in diesel-based engines.
The SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and other gold-backed exchange traded products traded slightly lower last week. Ahead of the upcoming Federal Reserve meeting, some ...
As investors consider ways to diversify a stock and bond portfolio, it may be prudent to consider alternative assets like commodity ETFs that offer potentially uncorrelated returns to traditional assets. ...
The platinum exchange traded fund is retreating after European countries crack down on pollutants. The ETFS Physical Platinum Shares (NYSEArca: PPLT) fell 2.6% Thursday as the platinum spot price dipped ...
The SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and other gold-backed exchange traded products traded slightly lower last week, but some traders believe the yellow metal is still ...
After the recent bout of market volatility, investors may want to consider alternative assets like precious metals exchange traded funds that zig as traditional assets zag. “Adding a precious metals allocation ...
The ETFS Physical Palladium Shares (NYSEArca: PALL) gained nearly 3% last week, extending a run that saw the lone palladium-backed exchange traded fund surge more than 57% in 2017. Among the largest contributors ...
Palladium has been the winner among the four precious metals, having skyrocketed a whopping 57% on a YTD (year-to-date) basis in 2017 as of December 27.
All four precious metals had an up day on December 20, 2017. Gold increased 0.43% on the day and closed at $1,267.80 per ounce.
In this article, we'll discuss the gold-silver, gold-platinum, and gold-palladium spreads. These three spreads stand at 77.9, 1.38, and 1.23, respectively.
The skyrocketing price of palladium has attracted considerable attention by precious metal observers. Palladium has risen 45.0% year-to-date.
ETFdb.com analyzes the search patterns of our visitors each week. By sharing these trends with our readers, we hope to provide insights into what the financial world is concerned about and how to position your portfolio.
The ETFS Physical Palladium Shares (NYSEArca: PALL) fell 1.6% last week, but the lone US-listed exchange traded fund dedicated to holdings of physical palladium remains higher by more than 44% year-to-date, ...