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Metals to shine in 2017? – #SaxoStrats
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Precious metals, platinum and palladium have all enjoyed a strong start to 2017. Saxo Bank’s head of commodity strategy Ole Hansen wonders how things will develop.
High demand for palladium from carmakers in the US and China has raised fears that demand may outstrip supply this year.
Hansen also discusses gold’s prospects following its moves about $1,173/oz, the consolidation area it occupied in December.