Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Palladium sell Vortex

Start price
€1,677.1
09.12.19 / 50%
Target price
-
09.02.20
Performance (%)
21.11%
End price
€2,031.1
09.02.20
Summary
This prediction ended on 09.02.20 with a price of €2,031.1. The SELL prediction by Vortex finished with a performance of 21.11%. Vortex has 50% into this prediction

Palladium is a rare and valuable precious metal that is primarily used in catalytic converters for automobiles. It is also used in electronics, dentistry, and jewelry. As an investment, palladium is known for its potential to provide high returns, as well as protection against inflation and market volatility.

The demand for palladium has been steadily increasing due to the growing demand for automobiles in emerging economies like China and India. As a result, the price of palladium has also been on the rise, with many investors seeing it as a promising commodity to invest in. The supply of palladium is limited, which has also contributed to its high value.

One of the ways to invest in palladium is through physical ownership of the metal, such as coins or bullion. Investors can also invest in palladium futures contracts or exchange-traded funds (ETFs) that track the performance of palladium prices.

In terms of speculative opportunities, investors can use technical analysis to predict future price movements and potentially profit from short-term price swings. However, speculation carries higher risks and is more suitable for experienced investors who are willing to tolerate volatility and market uncertainty.

Overall, palladium offers both investment and speculative opportunities for those looking to diversify their portfolio and potentially achieve high returns. However, it is important for investors to carefully consider the risks and their own financial goals before investing in this commodity.

Performance without dividends (%)
Name 1w 1m 1y 3y
Palladium -1.475% -1.475% -29.535% -59.430%
iShares Core DAX® 2.149% 5.415% 21.385% 22.595%
iShares Nasdaq 100 0.838% 1.926% 44.386% 55.330%
iShares Nikkei 225® 1.143% 2.887% 27.641% 9.481%
iShares S&P 500 1.265% 3.698% 33.327% 49.646%

Comments by Vortex for this prediction

In the thread Palladium diskutieren

Sell Palladium

In the thread Trading Palladium
Prediction Sell
Perf. (%) 21.11%
Target price
Change
Ends at 09.02.20

Sell beendet