Palladium Ounce Overview

Palladium is a chemical element with symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas. Palladium, platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals (PGMs). These have similar chemical properties, but palladium has the lowest melting point and is the least dense of them. More than half the supply of palladium and its congener platinum is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into less noxious substances (nitrogen, carbon dioxide and water vapor). Palladium is also used in electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment, and jewelry. Palladium is a key component of fuel cells, which react hydrogen with oxygen to produce electricity, heat, and water. Ore deposits of palladium and other PGMs are rare. The most extensive deposits have been found in the norite belt of the Bushveld Igneous Complex covering the Transvaal Basin in South Africa; the Stillwater Complex in Montana, United States; the Sudbury Basin and Thunder Bay District of Ontario, Canada; and the Norilsk Complex in Russia. Recycling is also a source, mostly from scrapped catalytic converters. The numerous applications and limited supply sources result in considerable investment interest.

Palladium Ounce to USD Exchange rates Chart

Palladium Ounce to USD Exchange rates Chart

Palladium Ounce Exchange rates Table

Exchange Palladium Ounce You buy XPD You sell XPD
Japanese Yen 0.000 205952.625
US Dollar 0.001 1916.499
Euro 0.001 1702.863
British Pound 0.001 1535.744
Canadian Dollar 0.000 2605.156
Australian Dollar 0.000 2772.597

Palladium Ounce Tweets

Palladium Ounce added 1 tweet
2020-06-19 08:22:01 UTC
Good morning. A strong USD subdues bullion prices. There are patient buyers on dips to $1,710 to $1,715 per ounce a…
Palladium Ounce added 1 tweet
2020-06-25 12:17:32 UTC
RT @CellarPolitics: Good morning. Investors are hoarding cash across a variety of asset classes, including the bullion. Any short-term…
Palladium Ounce added 1 tweet
2020-06-25 07:57:38 UTC
Good morning. Investors are hoarding cash across a variety of asset classes, including the bullion. Any short-term…
Palladium Ounce added 1 tweet
2020-06-24 13:24:23 UTC
RT @CellarPolitics: Good morning. Central banks worldwide adopted aggressive stimulus measures and kept interest rates low, helping bul…
Palladium Ounce added 1 tweet
2020-06-24 08:43:40 UTC
Good morning. Central banks worldwide adopted aggressive stimulus measures and kept interest rates low, helping bul…
Palladium Ounce added 1 tweet
2020-06-23 13:51:07 UTC
#EUA @eurasiamining wouldn't argue with this - not to be sniffed at! For the period starting early July 2020 till…
Palladium Ounce added 1 tweet
2020-06-23 07:45:35 UTC
Good morning. Bullion has gained about 15% so far this year, supported mainly by lower interest rates and widesprea…
Palladium Ounce added 1 tweet
2020-06-22 21:36:10 UTC
@ChanuJack see i keep doing that but i cant find one fucking ounce of orichalcum i can find INFINITE amounts of p…
Palladium Ounce added 1 tweet
2020-06-22 08:42:48 UTC
Good morning. Bullion roared as investors adopt a risk-off mode. Stymied economic growth and increasing infection r…

Palladium Ounce Videos

This is a typical Palladium Bar. This particular on is manufactured by PAMP in Switzerland and protected inside a "Certicard".
Buy Palladium and get 25$ for free: De palladium Maple Leaf munt is de meest verhandelde ...
Download Mike's best-selling book for free here: Platinum and palladium are both ...
Palladium price hits $1841/ounce. US oil production nears 13 million barrels per day. Gold inventories continue climbing. Russia ...
This video illustrates the visual differences between the white metals used in the jewellery industry. It shows the difference ...
Palladium Rarer & More Expensive than Gold will see Skyrocketing Prices in 2020Palladium, a silvery-white metal used in cars ...
The impeachment drama has begun, meanwhile Palladium prices still rising, breaking records again, Rhodium hits 5400 per ...
A quick look at Adolph Weinman's work and the background to the 2017 and 2018 Palladium Eagles. I really like the Palladium ...

Palladium Ounce News

RPT-COLUMN-Can coronavirus pandemic tame the wild palladium market?: Andy Home

COVID-19 has roiled industrial metal markets with lockdowns around the world eviscerating demand, forcing mine closures and upending supply chains.

2 months indicative neutral
Gold slides, palladium plunges over 15% in scramble for cash

Gold prices dropped nearly 2% to a near two-week low on Tuesday, while palladium slumped 15.5% as investors scuttled for cash to cover losses in other asset classes mainly driven by a crash in oil markets as the coronavirus wrecks economies.

2 months indicative negative
Even a coronavirus crisis can't puncture palladium prices: Reuters poll

Analysts and traders have raised their forecasts for palladium prices, predicting the metal will remain undersupplied even as the coronavirus outbreak hammers auto makers, reducing demand, a Reuters poll showed on Monday.

about 2 months conditional neutral
Gold jumps to highest since Oct 2012 on U.S.-China worries

Gold rose on Monday to its highest since October 2012 as worries regarding the souring U.S.-China relations and bleak U.S. economic data underpinned the safe-haven metal.

about 2 months conditional positive
Brace for volatility as virus grips platinum, palladium markets: JM

Platinum and palladium markets will be tight this year as the coronavirus pandemic hammers supply and demand, materials maker Johnson Matthey said on Monday, declining to give full-year forecasts and saying prices will be erratic.

about 1 month conditional negative
Virus fallout will reduce palladium deficit and price - Heraeus

The global palladium market will see its smallest deficit since at least 2012 this year, while the platinum market remains significantly oversupplied, an industry report said on Tuesday.

about 1 month conditional neutral
NYMEX: Precious Metals Prices - 25-06-20

NEW YORK, JUNE 26, ARMENPRESS. Precious metals prices for 25 June:

6 days indicative neutral
Beware the new burglars after metal in your car's catalytic converter

The loosening of lockdown is leading to a resurgence in 'cat crime' - not of the feline variety, but thieves stealing catalytic converters from cars.

6 days indicative positive

Palladium Ounce Currency converter