Palladium Price Mirrors Platinum’s Strong Upward Trend – Small Investors Opportunity

admin — Tue, 14 Apr 2009 19:43:21 +0000

Image courtesy of Kitco.com

Above is the chart prices for bot platinum and palladium in the past year. The similarities are striking. Many would argue that all precious metals trade in the same trends just at different prices, but this is not the case. Right now, gold shows uncertainty in the market, and it's up and down swings have become large and erratic, while silver shows mediocre signs of uncertainty, and hints toward a possible uptrend. These two metals look to be more impacted by outside factors of the economy, while platinum and palladium appear to be more stable. This may not be the case, but according to the charts, this is what it shows.

Nobody knows where the market will go, but many are uncertain of what to invest in at this time. Platinum is expensive, right now it's about $1200 per ounce. That's why palladium can be a good alternative. At only ~$230 per ounce as of this writing, it shows similar trends to its cousing platinum, and doesn't show the same erratic behavior as the more popular precious metals.

Is it a good investment? Time will tell, but it is recommended that one diversifies their portfolio, not only in different commodities, but also different precious metals.

99.9 Pure Palladium PD Precious Metal Bullion 1 grain ACB Minted Bar VERY RARE!
US $3.99

2009 1 Ounce Palladium Canadian Maple Leaf
US $670.00

One Troy Gram of Pure 99.9 Palladium PD Precious Metal Bullion Bar.
US $39.99

PALLADIUM Precious Metal ( 1 ) GRAM 9.99 PALLADIUM ACB MINTED BAR. VERY RARE!!!
US $39.99

VINTAGE PALLADIUM CLASS RING ,SCRAP OR NOT
US $279.00

1 Grain 999 Fine Solid Platinum Gold Palladium Silver Bullion Round Bar Coins
US $19.99

FOUR 5 GRAIN BARS 24K GOLD + 99.9 SILVER + 99.9 PALLADIUM + 99.9 PLATINUM +GIFT
US $59.99

Palladium 1 troy ounce Pamp Suisse sealed bar with assay certificate gorgeous!
US $660.00

Pure Palladium metal crysta, element sample ca 187 mg
US $24.00

Pure Palladium metal crysta, element sample ca 258 mg
US $34.00

Pure Palladium metal crysta, element sample ca 436 mg
US $70.00

2006 $50 .9995 Canadian Palladium Maple Bullion Coin 1oz uncirculated in Mylar
US $679.00