Palladium
Properties
| Name | Palladium / Platinum |
|---|---|
| Price | ... |
| Highest price | $49,45 / oz (1980) |
| Production | Russia, South Africa, Canada, The United States, |
| Produced in 2021 | 210 tons (6,8 million oz) |
| Areas of application | |
| Automotive industry, Jewelery and embellishments (white gold), Electronics, Dental technology, Musical instruments, Photography, Filtration and Water storage | |
Price history
Palladium is the least known precious metal of the big 4 precious metals. The price trend of palladium in recent years is largely attributable to stricter requirements in the field of environmental pollution worldwide.
Investing in coins
Palladium is a precious metal that is discovered in the Earth's crust in an alloy with gold and platinum. The main producers are Russia, South Africa, Canada and the United States. Palladium has an unusual application that can hold its own volume of hydrogen, up to 900 times. Due to this unusual characteristic, the use of palladium in industry has grown in value in recent years.
Invest in bars
Palladium bars are less interesting as an investment in some countries due to the fact that VAT has to be paid on them. However, there are options to buy the product in some stores, but have it stored abroad. With large investments, the purchase of palladium bars is therefore still interesting because the margins are sharper that way.
