Palladium can be traded on both the New York Mercantile Exchange and the Chicago Mercantile Exchange in America. In the United States, individuals can buy palladium in the form of an ETF, and as physical palladim bullion.
US Palladium Pricing
Palladium is priced in US Dollars per troy ounce, and the currency is used as the predominate currency upon which palladium is priced worldwide. The United States generally sells palladium in Ounce denominations, including 1 ounce and 100 ounce sizes.
The volatility of the palladium price draws investors, who like to invest in palladium in order to profit from the price changes of the metal. Palladium is used in catalytic converters in automobiles, and the auto industry can have a huge impact on palladium prices.
US Palladium Production
The United States of America is the fourth largest produce of palladium worldwide. As with platinum, much of the palladium produced in the United States is a byproduct of mining for other metals.
US Palladium Coin Production
The United States Mint does not currently produce any palladium coins. However, there are number of private refineries that produce palladium bars for private investors. These include PAMP palladium bars, Johnson Matthey palladium bars, Credit Suisse Palladium bars and Valcambi Palladium bars. Private investors and individuals like to buy palladium coins and bars as part of a diversified precious metals portfolio.
Palladium 10-Year High
Palladium's 10-year high of $911 USD was reached in 2014.
Palladium 10-Year Low
Palladium's 10-year low of $164 USD was reached in 2008
