Power of Palladium
Palladium is the mystery metal more valuable than silver.
It was discovered as recently as 1803 by chemist William Wollaston whilst analysing platinum ore samples from South America. It is known as a "rare element". It is often recovered as a byproduct of mining other metals like platinum, silver and gold.
Whereas silver is around $31 an ounce, palladium is around $720 an ounce - about 23 times more valuable.
Palladium is also less than half the value of gold.
Palladium's Precision Applications
Palladium is used in making springs for watches, surgical instruments and dental fillings and crowns.
Palladium is the mystery metal more valuable than silver.
It was discovered as recently as 1803 by chemist William Wollaston whilst analysing platinum ore samples from South America. It is known as a "rare element". It is often recovered as a byproduct of mining other metals like platinum, silver and gold.
Whereas silver is around $31 an ounce, palladium is around $720 an ounce - about 23 times more valuable.
Palladium is also less than half the value of gold.
Palladium's Precision Applications
Palladium is used in making springs for watches, surgical instruments and dental fillings and crowns.
- Palladium dichloride is used in carbon monoxide detectors.
- Palladium is combined with gold to form white gold.
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