Investing in iridium metal2/17/2024 ![]() ![]() The volatility I mentioned earlier is not without a cost. The International Platinum Group Metals Association Their recyclability means that they have a uniquely long lifecycle, allowing them to contribute significantly to the protection of the environment by reducing any negative impact which is normally associated with metal waste disposal." "When recycled, over 96% of PGMs are recovered through highly-efficient recycling techniques. The answer comes from the physical properties of platinum group metals - they are extremely durable and aren't used up quickly. With majority of the global supply for the rarest PGM controlled by two nations, what stops them from limiting production to decrease supply and drive up the price? On the supply side, 86% of palladium resources are controlled by two counties: Russia at roughly 50%, followed by South Africa with 36%. ![]() According to the International Platinum Group Metals Association, roughly 50% of the total demand for palladium comes from the automotive industry.Īs the electronic industry continues the drive towards smaller and more mobile electronic devices, demand for palladium will continue to rise. Similar to silver, Palladium has MANY industrial uses. Palladium prices are very volatile, much like a micro-cap stock or other investment instrument with low trading volume. ![]() According to the IPGMA, 25% of all goods manufactured today either contain palladium, or it was a key part of the manufacturing process.įactors that affect Palladium Investment Prices [Source: Palladium returned 95.6% in 2010.Īnd chances are you already own some palladium. Take a look at the graph below, which showcases 2010 investment returns. Volatility is a friend of the trader AND the investor after all, if investments didn't change price, you wouldn't make any money! This is not to say that you cannot (or should not) invest in palladium. But palladium's large price fluctuations mean it is highly volatile, and the least attractive when it comes to "storing value". "White gold" is created by adding palladium to gold.Īs with the other precious metals, palladium investments are considered stores of value. These days, palladium can be found in many places, such as dentistry, watchmaking, surgical instruments, and electronics. The metal, named after the asteroid "Pallas", was recognized as an element in the early 1800's. It is the rarest member of the "platinum group metals" (PGM), including platinum, palladium, iridium, rhodium, ruthenium and osmium. When it comes to precious metals, palladium is the forgotten son. A palladium investment can help you achieve both goals.īut it is no different than investing in gold, silver, or platinum you make the it safe or risky.Ī safe palladium investment is created the same way as any other type of "safe" investment" your position size. Or you might be thinking of trading palladium because it is more volatile gold or silver. You may be looking to create a diversified set of investments in precious metals. To many, it seems like some far out commodity play, or an investment only for speculators and hedge funds. ![]() Making a "palladium investment" sounds exotic. ![]()
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