palladium (element)

Palladium is a rare, silvery-white metal that belongs to the platinum group of metals. Valued for its ability to resist corrosion and its catalytic properties, it is commonly used in automotive catalytic converters to reduce harmful emissions. Palladium is also utilized in electronics, jewelry, and dentistry. Discovered in 1803 by the chemist William Hyde Wollaston, it has become increasingly important in various industries due to its rarity and industrial applications. As a precious metal, its value often fluctuates based on supply and demand, making it an interesting part of the global economy.