5 ms·
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
by woranl 7y ago
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 7y agoMy 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 7y agoSame here and it seems the raw material has lost value in 10 years. https://www.xe.com/currencycharts/?from=USD&to=XPD&view=10Y https://www.xe.com/currencycharts/?from=USD&to=XPD&view=10Y
- Scoundreller 7y agoYou’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 7y agoYes here is the correct chart: https://www.xe.com/currencycharts/?from=XPD&to=USD&view=1Y https://www.xe.com/currencycharts/?from=XPD&to=USD&view=1Y