CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Palladium

CFD on the daily spot price of palladium (PA).

Product Type: Precious Metal CFD Subtype: Metal
Currency: USD Country: United States (US)
Trading Hours: According to market Measurement Unit: Troy Oz
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Description:

Palladium is a precious white metal which forms part of the platinum group of metals. It is one of the rarest metals on earth and is also known as a ‘noble metal’. It is used as a catalytic converter on vehicles and in the production of jewelry and utilized within electronic circuitry.
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PALLADIUM Market Sentiment
PALLADIUM Chart

Interesting Facts:

  • Around 80% of the world’s palladium production comes from South Africa and Russia – with Russia accounting for almost half of the world’s production.
  • The fact that the palladium market depends so heavily on these two countries for production means that volatility in palladium prices is not unusual.
  • Some 75% of palladium demand is from the autocatalyst sector.
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