Palladium, along with platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals (PGMs). PGMs share similar chemical properties, but palladium is unique in that it has the lowest melting point and is the least dense of these precious metals. Incredibly, when palladium is at room temperature and atmospheric pressure, it can absorb up to 900 times its own volume of hydrogen, which makes palladium an efficient and safe storage medium for hydrogen and hydrogen isotopes. Palladium is also tarnish resistant, electrically stable and resistant to chemical erosion as well as intense heat. The unique properties of palladium and other PGMs account for their widespread use. One in four goods manufactured today either contain PGMs or had PGMs play a key role during their manufacturing process. Over half of the supply of palladium and its sister metal platinum goes into catalytic converters, which convert up to 90% of harmful gases from auto exhaust (hydrocarbons, carbon monoxide and nitrogen oxide) into less harmful substances (nitrogen, carbon dioxide and water vapor). Palladium’s precious metal qualities and appearance generate significant consumption in the luxury jewelry market. Palladium is found in many electronics including computers, mobile phones, multi-layer ceramic capacitors, component plating, low voltage electrical contacts, and SED/OLED/LCD televisions. Palladium is also used in dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment, and it plays a key role in the technology used for fuel cells, which combines hydrogen and oxygen to produce electricity, heat and water. Palladium bullion has ISO currency codes of XPD and 964. Palladium is one of only four metals to have such codes, the others being gold, silver and platinum. Ore deposits of palladium and other PGMs are rare, and the most extensive deposits have been found in the norite belt of the Bushveld Igneous Complex in the Transvaal in South Africa, the Stillwater Complex in Montana, USA, the Sudbury District of Ontario, Canada, and the Norilsk Complex in Russia. In addition to mining, recycling is also a source of palladium, mostly from scrapped catalytic converters. The numerous applications and limited supply sources of palladium result in palladium drawing considerable investment interest.
The price can only be so high. If it gets too high, people are not going to purchase the product, no matter what it is.
There is an inverse relationship between value of money and the price level. So if the value of money is low, then the price level is high or if the value of money is high, then the price level is low.
when the price of a commodity is high,consumers will go for another product almost the same as the one that the price is high,so that makes the quantity demanded of the commodity that the price low and vice versa
yes, because supply is limited and the demand is high then pretty much the price will be affected. since the shortage of supply, and high demand, then price will be high price and very expensive
The first basic law of supply and demand is: If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price. So the price goes up.
The latest (29 Nov 2010) spot price of palladium is $687.00 USD/oz.
a billion dollars for one gram
Palladium can be melted, but is not flammable
The atomic number of palladium is 46. So there are 46 protons and 46 electrons in palladium.
The atomic number of palladium is 46. So there are 46 protons and 46 electrons in palladium.
This is a partial quote from the Wikipedia, "Palladium, along with platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals (PGMs). Platinum group metals share similar chemical properties, but palladium has the lowest melting point and is the least dense of these precious metals." Please see the related link for more information on palladium. You may want to contact a jeweler for a price per ounce comparision with platinum. You can avoid manually calculating the value of palladium if you have an iPhone or iPod by using an app called Pennyweight. Simply entering the weight and selecting the purity will automatically calculate the value of palladium based on the current market price.
Krypton is element 36 and there are another 10 electrons so it is element 46. So it is Palladium
The price can only be so high. If it gets too high, people are not going to purchase the product, no matter what it is.
I kept gold from poeple who wanted to steal it. so that's how the price was high
Palladium hydroxide is milder
Palladium is similar in appearance to white gold, but since it does not have nickel as one of its ingredients, palladium is hypoallergenic. Palladium is considered a lightweight metal, similar in weight to 14K gold. Palladium metal can coat a ring or the ring can be "950 palladium," 95% palladium and 5% ruthenium, with possibly other traces of metal.
Palladium is a metal.