Palladium is a silvery-white metal that is found in trace amounts in the Earth’s crust. It is a member of the platinum group of metals, which includes platinum, rhodium, and iridium. Palladium is prized for its rarity and its properties that make it ideal for industrial and technological applications.
Palladium has a number of unique properties that make it useful in a variety of industries. It is highly resistant to corrosion, so it is often used in chemical processing equipment. It also has a very low melting point, so it can be used to create electrical contacts that can operate at high temperatures. Palladium is also an excellent catalyst, so it is used in catalytic converters and other products that rely on chemical reactions.
Palladium is not just valuable for its industrial applications; it is also prized by jewelers and collectors. Its white color makes it an attractive alternative to silver or platinum, and its rarity means that palladium jewelry can be quite valuable. It is also allowed as part of an investment within a precious metals IRA
In recent years, the price of palladium has risen sharply due to increased demand from the automotive industry, making it one of the most valuable metals on the market today
Palladium is a chemical element with an atomic number of 46