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Author: Admin | 2025-04-28
Stocks are in companies located in those two countries. Palladium Outside of the media attention it received during the pandemic, palladium isn't as well-known as gold, silver or platinum. That doesn't mean it's not a viable investment option, though. When palladium hit its all-time high in March 2022, catalytic converter thefts were skyrocketing as thieves tried to get their hands on the precious metal. The price has since come down, but palladium still has plenty of applications, including currency, fuel cells, jewelry, dental fillings and crowns as well as in the hydrogenation of unsaturated hydrocarbons. As with platinum, there are a limited number of palladium mines in the world, although the metal is more readily available. Similar to platinum, just two countries produce the bulk of global supply, with Russia and South Africa accounting for 84% of output. Like other precious metals, palladium’s price is driven by the market and is vulnerable to external business, geopolitical and environmental factors. For example, its aforementioned price surge coincided with Russia’s 2022 invasion of Ukraine due to concerns about Russia’s ability to meet global demand. Ads by Money. We may be compensated if you click this ad.Ad How to invest in precious metals There are several ways you can go about investing in precious metals. This section provides those details. Bullion: coins, rounds, bars and ingots If you want an investment that you can see, touch and hold, purchasing bullion forms of precious metals, such as coins, rounds, bars and ingots, is the best approach. These physical assets can be directly purchased from local currency exchanges or from reputable online dealers. The value of bullion varies depending on the type of metal, its age, rarity and weight, each of which can impact how much you want to invest. Before you purchase, you'll want to research how to buy gold and other precious metals to make sure you're buying from a reputable dealer. Mining company stocks and mutual funds As part of your portfolio, you can invest in mining company stocks and mutual funds. This is a good choice for investors experienced in buying and selling traditional equities and who are aware of the factors driving overall market activity, including macroeconomic trends and natural and political events. Mining company stocks and mutual funds can be purchased and sold just as stocks in other industries and sectors. It’s important to be mindful that the price
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