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Palladium Price Per Gram and Troy Ounce in GBP
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Palladium
Palladium is a hard-wearing precious metal which is approximately 12% harder and whiter than Platinum. It can absorb up to 900 times its own volume of hydrogen and is approximately 30 times rarer than Gold.
Palladium is mostly used in manufacturing catalytic converters for the automotive industry, and also used for dental alloys, Jewellery and in Bullion bars and coins.
Sierra Leone issued the first palladium coins in 1966; a year later, the Kingdom of Tonga issues minted coinage to commemorate the coronation of King Taufa Ahau Tupou IV. Since this time, other Bullion coins have been issued, mostly for commemorative purposes.
A 2010 bill allowing the United States Mint to issue 1 troy ounce Palladium coins was passed into American law in December of that year.
Palladium was first used in the forging of Jewellery in 1939, with these items typically being 950 parts per thousand. A small amount can also be alloyed with Gold to make more durable Jewellery, which is sometimes referred to as 'white Gold'.
Read more »Please note: All data is supplied by a 3rd party source. UKBullion.com do not control the data displayed above and we are not responsible for any inaccuracies.