palladium (investment)

Palladium is a precious metal, similar to gold and silver, often used in industrial applications, particularly in automotive catalysts that reduce harmful emissions from vehicles. As an investment, palladium can appeal to those looking to diversify their portfolio. Its price is influenced by supply and demand dynamics, geopolitical factors, and economic trends. Investors can buy palladium directly in physical forms, like bullion, or indirectly through financial products like ETFs and mining stocks. Overall, it represents both an industrial commodity and a potential store of value in times of economic uncertainty.