Automobile’s catalytic converter is not the only use case. Palladium is also use... | Hacker News

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		woranl on Oct 29, 2019 \| parent \| context \| favorite \| on: Why Palladium Is Suddenly a More Precious Metal 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.

Lendal on Oct 29, 2019 [–]

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.

philips on Oct 29, 2019 | [–]

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

Scoundreller on Oct 29, 2019 | | [–]

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.

lonelappde on Oct 30, 2019 | | [–]

Yes here is the correct chart: https://www.xe.com/currencycharts/?from=XPD&to=USD&view=1Y

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