Precious Metals

Investing in Palladium Palladium as an investment is much like other precious metals... Palladium is an element belonging to the platinum group of metals, palladium is steel-white in color, except in powder form, when it appears black. Palladium has a number of industrial uses, resists tarnishing in air and, if annealed, it is soft and ductile. Palladium has the lowest density and melting point of the platinum-group metals (iridium, osmium, palladium, platinum, rhodium, and ruthenium). Palladium uses include: automotive catalytic converters, in the jewelry industry it is alloyed with gold to produce “white gold”, in dentistry, medical devices, surgical instruments and electrical contacts in electronics. Demand for palladium comes not only for its industrial uses, but also its growing use in jewelry around the world. As we live today we need palladium. This is important for the precious metal investor. A traditional way of investing in palladium is buying bullion coins and bars made of palladium. Available palladium coins include the Canadian Maple Leaf and the Chinese Panda.