Platinum & Palladium
Platinum & Palladium Bullion
Platinum and palladium are both precious metals that belong to the platinum group metals (PGMs). Both are highly valued for their scarcity, durability, and various industrial applications. Here's a brief overview of each:
Platinum (Pt):
Platinum is a dense, malleable, and ductile metal with a silver-white color.
It is one of the rarest elements in the Earth's crust, and it's often found alongside other precious metals such as gold and palladium.
Platinum is highly resistant to corrosion and tarnishing, making it valuable in various industrial and jewelry applications.
It has a wide range of uses, including catalytic converters in vehicles, jewelry manufacturing, electrical contacts, and chemical processing.
Palladium (Pd):
Palladium is a lustrous, silvery-white metal that shares many properties with platinum.
It is also rare and occurs naturally with platinum and other PGMs.
Palladium has excellent catalytic properties, which make it valuable in catalytic converters for gasoline-powered vehicles, as well as in electronics, dentistry, and jewelry.
Like platinum, palladium is resistant to corrosion, and it is considered one of the least reactive metals.
Platinum & Palladium Bars
Platinum and palladium bars are physical forms of these precious metals that are typically manufactured in rectangular or ingot shapes. These bars are produced by specialized refineries and mints and are intended for investment purposes, rather than industrial applications.
Platinum and palladium bars are made of either pure platinum/palladium or alloys containing high levels of these metals. The purity of the bars is typically expressed as a percentage, with common purities ranging from 99.95% to 99.999%. Platinum and palladium bars come in various weights, ranging from small fractional-ounce bars to larger kilogram bars.
Investors purchase platinum and palladium bars as a way to diversify their investment portfolios, hedge against currency devaluation, or speculate on the price movements of these precious metals.
Platinum & Palladium Coins
Platinum and palladium coins are minted by government authorities or private mints for investment and collector purposes. Similar to platinum and palladium bars, these coins are valued based on their metal content, weight, and purity.
Platinum and palladium coins are typically made of pure platinum or palladium, although some coins may be alloyed with other metals to enhance durability or alter appearance. The purity of the coins is usually expressed as a percentage, with common purities ranging from 99.95% to 99.999%.
Platinum and palladium coins often feature intricate designs that vary depending on the issuing authority. These designs may include national symbols, historical figures, iconic landmarks, or commemorative themes. The obverse side of the coin typically displays the issuing authority's emblem or portrait, while the reverse side showcases the design specific to the coin.
Platinum and palladium coins come in various denominations, with popular sizes including 1 ounce, 1/2 ounce, 1/4 ounce, and 1/10 ounce. Some coins may also be issued in larger sizes, such as 2 or 10 ounces.
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