Metal trading in the market since 2006, there is a growing demand for palladium. Maybe soon supply in the market will not be enough to cover the increasing demand for the metal, which led to the palladium price will rise to higher levels. Thus, it becomes a target palladium better to invest in precious metals.
Palladium – are platinum group metals with unique properties, especially valuable to resolve the tasks of research and production. When you add palladium to titanium or chromium steel, and high ability to resist corrosion, which is almost never. Of alloys with palladium produced materials for chemical and nuclear industries and oil.
Like other platinum group metals, palladium catalyst is excellent. It is used widely in the automotive industry possessions. Palladium has an amazing ability to absorb some gases, especially hydrogen. Because of this, its starting to be used in the development of hydrogen fuel cells for energy. With advances in technology consumption of platinum and palladium in the past half-century has increased by more than 20 times. Everything else, palladium is also very beautiful and easy to handle. It looks like platinum, but weighs less, has even mesmerizing brilliance. Extraction is extremely rare metal ore, which usually also contain gold, nickel, copper, and sometimes occurs in the form of the mother. The main raw materials for the production of ores and copper, nickel, palladium and processing them is a byproduct.