What is Palladium?
Palladium is a silvery-white coloured precious metal identified by the symbol Pd and is one of the platinum group metals (PGM). Palladium is a rare metal with limited sources in South Africa, The USA, Canada and Russia. Limited production levels and industrial applications for this metal have combined to drive prices to higher levels.
To fully grasp the value of your Palladium item you need an appreciation of its purity, what hallmarks are and why they are important.
Different grades or purities of Palladium
The purest form of Palladium which is commonly found in the UK is Palladium .9995 . This is not a common purity in jewellery but is a standard for investment bullion bars, rounds and coins.
Palladium .950 is probably the most common purity for Platinum and is the standard purity for jewellery items in the UK.
In order to calculate a price for a Palladium item, the live Palladium price is applied to the weight of pure or fine Palladium in an item, rather than the overall weight of the product. For example, if the spot price of Palladium was £35 per gram, and you have a .950 Palladium ring weighing 8 grams, the item would be worth roughly £266.00. (35.00 x 8 x .950 = 266.00)
Our Palladium Price Charts allows you to see the fluctuating price of Palladium over a period of hours, days, months or years.