Palladium

(This product is not offered for sale. For information purposes only.)

Palladium, one of the platinum group metals (PMG), is used extensively as an industrial catalyst and is a key component in the manufacturing of automotive catalytic converters.  Palladium is also essential in the jewelry industry.  Along with nickel and silver, it is one of the three metals which are most commonly alloyed with gold, to produce "white gold." It is also used in dentistry, watch making, electrical contacts and in the production of surgical instruments.

Palladium is currently a lower-cost substitute for the more expensive alternatives in the automotive catalyst industry. Palladium sells for around one-fifth the price of platinum and, last year, one-fortieth the price of rhodium. But that has not always been the case. In late 2000 and early 2001, for example, due to supply disruptions and a resulting panic by auto manufacturers, the price of palladium reached an all-time high of nearly $1,100 an ounce, approximately the same price as platinum at the time.

Over half of the world's annual supply of palladium comes from Russia. And the amount and status of Russian palladium supplies are state secrets. In the past, Russia has routinely withheld supplies of palladium from world markets for its own political and economic gain, resulting in very large and very fast fluctuations in palladium prices.

Palladiums’ price differential between it and platinum  gives palladium its attractive investment potential. The price of palladium has been, and could be again, extremely volatile, providing investors with a significant opportunity for speculative profit.

Palladium bullion is available in bars of pure .9995 fine (99.95% pure) palladium.  Each bar is manufactured by one of the world's leading refiners, and is hallmarked to certify weight and purity.