Palladium Ounce

Palladium Ounce

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.

1 XPD to USD exchange rates chart

XPD to  exchange rates chart

Palladium Ounce exchange rates table

Exchange Palladium Ounce Buy XPD Rate Sell XPD Rate
British Pound 0.001 854.527
Hungarian Forint 0.000 317771.359
Indian Rupee 0.000 80131.854
Chinese Yuan Renminbi 0.000 7720.255
Russian Ruble 0.000 75519.944
Brazilian Real 0.000 4225.116
Danish Krone 0.000 7338.641
Chilean Peso 0.000 765494.855
Czech Koruna 0.000 25531.315
Euro 0.001 983.547
Indonesian Rupiah 0.000 16401493.655
South Korean Won 0.000 1261349.648
Japanese Yen 0.000 126520.052
Mexican Peso 0.000 22787.231
Norwegian Krone 0.000 9432.169
Pakistani Rupee 0.000 149310.318
Polish Zloty 0.000 4224.479
Singapore Dollar 0.001 1533.750
Swedish Krona 0.000 10054.958
US Dollar 0.001 1110.951
South African Rand 0.000 16028.748
Australian Dollar 0.001 1539.307
Canadian Dollar 0.001 1470.847
Swiss Franc 0.001 1118.587
Malaysian Ringgit 0.000 4659.398
New Zealand Dollar 0.001 1636.836
Thai Baht 0.000 36538.535
Hong Kong Dollar 0.000 8701.837
Philippine Peso 0.000 59012.936
Turkish Lira 0.000 6090.479
Taiwan New Dollar 0.000 34359.889

Palladium Ounce news

Gold ends higher for a third session and books a more than 1% weekly advance
Gold ends higher for a third session and books a more than 1% weekly advance

Gold futures end higher Friday for a third consecutive session to book a weekly advance of more than 1%, with geopolitical turmoil and broader equity market weakness helping to underpin prices.

conditional neutral
3 Reasons Why Precious Metals Streamers Are Better Investments Than Miners

Wheaton Precious Metals Corp. (USA) (NYSE:WPM) is an attractively valued play on gold and silver.

indicative positive
Gold climbs back above $1,200/oz as dollar rally pauses

* Silver touches lowest since Sept. 11; * GRAPHIC-2018 asset returns:

indicative negative
Precious metal prices decrease in Azerbaijan
Precious metal prices decrease in Azerbaijan

Prices for precious metals decreased in Azerbaijan on Nov. 12, according to the data published by the country’s Central Bank.

indicative neutral
Gold falls to one-month low as dollar rises

Silver falls to two-month low; Main support lies at $1,200 for gold-analyst

indicative neutral
Precious Metals Weekly Round-Up: Gold Dips on Fed Policy Statement
Precious Metals Weekly Round-Up: Gold Dips on Fed Policy Statement

Despite posting some gains earlier in the week, the precious metals took some hits following the Fed policy statement and were down on Friday.

conditional neutral
Gold falls to one-month low as Fed affirms rate-hiking stance

Gold set for worst week since mid August; Dollar index holds near multi-month highs; Silver on course for biggest drop since February

conditional neutral
Gold falls to 1-month low as hawkish Fed boosts dollar

Gold fell to its lowest in a month on Friday on a strong dollar, which gained after the U.S. Federal Reserve reaffirmed its monetary tightening stance, seen as a negative for non-yielding bullion.

conditional positive
Gold inches lower on firmer dollar; investors await Fed rate call

Gold prices inched lower on Thursday on the back of a stronger dollar as investors digested the U.S. midterm election results and turned their focus to the Federal Reserve's monetary policy decision due later in the day. The Fed is not expected to raise interest rates until its next gathering in

imperative neutral

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