Palladium is a sister to platinum, a ‘noble metal’ (member of the platinum group of metals) with some rather unique properties that ensure a place for it in industry and as a precious metal investment. This fascinating metal is tied closely with platinum in both history and its properties. Even so, important differences remain in physical properties and in today’s supply and demand economics.
In recent years, palladium has become a well established precious metal – trading worldwide in common forms such as 1 ounce, 10 ounce and 100 ounce bar sizes. Many investors have been stocking up as industrial, jewellery and investor demand continues to grow. Its attractive price has made palladium popular in industries such as: automotive, electronics, oil refining, dentistry, jewelry, chemical, medicine, fuel cells, coinage, hydrogen purification, water treatment and more.