Barclays: Gold price or close to the top palladium low price is a buying opportunity

Although the long-term gold price is still bearish, Barclays said that palladium may have an opportunity for investors.

“The concerns about the Chinese economy have had an impact on palladium prices in the near term, while safe-haven demand is pushing up gold prices. But we believe that the fundamentals of palladium are good, and low prices are buying opportunities, while gold prices are losing. kinetic energy."

Barclays said it expects the first quarter of 2015 to be the highest quarter of gold prices, and said: "In our view, the current price of gold is in the process of reaching the top."

Barclays has a more positive expectation for palladium. "Palladium prices have fallen below $770 per ounce, which we believe is a good buying opportunity."

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