Palladium

AAA

DEFINITION of 'Palladium'

A metal used in many types of manufacturing processes and is found in electronics and industrial products. Palladium is an element found in the periodic table (atomic number 46), and is considered to be rare. The majority of the world's supply comes from mines located in the United States, Russia, South Africa and Canada.

INVESTOPEDIA EXPLAINS 'Palladium'

Palladium is an important component in electronics, and is used in many new technologies such as fuel cells. As a commodity, it has drawn the attention of investors because it is not easily substituted, and is an important component of catalytic converters.

Palladium, platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals (PGMs).

RELATED TERMS
  1. Iridium

    One of the transition metals on the periodic table. Iridium appears ...
  2. Precious Metals

    A classification of metals that are considered to be rare and/or ...
  3. Platinum

    A chemical element, precious metal and commodity used primarily ...
  4. Bullion

    Gold and silver that is officially recognized as being at least ...
  5. Silver

    An element commonly used in jewelry, coins, electronics and photography. ...
  6. Assembly Line

    A production process that breaks the manufacture of a good into ...
Related Articles
  1. Commodities: The Portfolio Hedge
    Active Trading

    Commodities: The Portfolio Hedge

  2. Commodity Prices And Currency Movements
    Forex Education

    Commodity Prices And Currency Movements

  3. Water: The Ultimate Commodity
    Mutual Funds & ETFs

    Water: The Ultimate Commodity

  4. Using Technical Analysis In The Gold ...
    Investing

    Using Technical Analysis In The Gold ...

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center