Citi: Maintains 0-3 month target prices for platinum and palladium unchanged at $1,950 and $1,500 respectively
Citi Research said in a report on Tuesday that it maintained its target prices for platinum and palladium for the next 0-3 months at $1,950 and $1,500 per ounce respectively. The bank added that it expects platinum group metal prices to recover as slowing inflation reduces pressure on the Federal Reserve to raise interest rates, ultimately boosting investor confidence. Open a futures account on Sina's cooperative platform, safe, fast and guaranteed