(Bloomberg) -- From Ford Motor Co. to Fortunoff to
Schroders Plc, the demand for palladium is increasing fast
enough to outstrip the supply and make it this year's best
investment among precious metals.
Sales will rise 6.5 percent in 2007, according to precious
metals consultant CPM Group, after Ford, General Motors Corp.
and other automakers used 32 percent more palladium in car-
exhaust systems the past five years. Fortunoff started selling
palladium wedding bands in November and says the metal already
represents 10 percent of the market.
Read more at Bloomberg Emerging Markets News
Schroders Plc, the demand for palladium is increasing fast
enough to outstrip the supply and make it this year's best
investment among precious metals.
Sales will rise 6.5 percent in 2007, according to precious
metals consultant CPM Group, after Ford, General Motors Corp.
and other automakers used 32 percent more palladium in car-
exhaust systems the past five years. Fortunoff started selling
palladium wedding bands in November and says the metal already
represents 10 percent of the market.
Read more at Bloomberg Emerging Markets News
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