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Automobile’s catalytic converter is not the only use case. Palladium is also used in the many chemical processing applications (as catalyst). Imagine those big reactors filled with this precious metal and you’ll appreciate how expensive it can get.


My wedding ring is made of palladium. It's about 10 years old. I don't know if they're still making jewelry out of it today.


Same here and it seems the raw material has lost value in 10 years.

https://www.xe.com/currencycharts/?from=USD&to=XPD&view=10Y


You’ve got the 2 backwards.

You get about a quarter as much palladium as you did per dollar than you did 10 years ago.





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