Palladium Futures Futures

Palladium has an important place in the jewelry and industrial metals markets. As a close cousin to platinum, palladium is used in the manufacturing of catalytic converters for automobiles and is often found in electronics as well.
To investors looking for exposure to the precious metals markets, palladium is an interesting and sometimes vital dual-purpose commodity that allows individuals to take a view on the metal to hedge an automobile-heavy portfolio. Going forward, palladium is being used in the budding fuel cell sector, which of course, brings it back to the auto market. Knowing these fundamental drivers can provide both hedging and growth strategies for individual investors.