Herein I try describe bottom line of some positive and negative (conservative) fundamentals for Nickel, Copper, Palladium, Platinum and Cobalt. Shortly focus on favorable and unfavorable factors which determine upcoming upsides and downsides trends. If you, my readers, have different opinions on these trends please share it with audience. And thank you.
Looking at the current platinum and palladium prices, it’s hard to believe that approximately 5 years ago platinum prices were 2 times higher than palladium prices. Indeed, on September 24, 2013 spot platinum price was 1427.8 $/Oz, which was higher by 72% than the price on September 24, 2018 (829.1 $/Oz). As a comparison, spot palladium prices on September 24, 2018 was 1054.3 $/Oz. On the graph below you can see the dynamics of metal prices over the past 5 years. In this article I will try to consider the main factors affecting the prices of metals, as well as to answer the question: «What is better to invest in platinum or palladium?».