Langue / Language
CHF 31.59
/gram · pure metal
En direct
Spot market data
Palladium (XPD) is a noble metal of the platinum group. Its price is displayed on GoldPrice24 in CHF per gram, converted in real time from the LBMA fixing.
Historically, palladium was significantly cheaper than platinum and gold. However, due to its massive use in catalytic converters of gasoline vehicles, its price has experienced extreme volatility in recent years.
In Switzerland, palladium is mainly traded in the form of investment bars (minted by Argor-Heraeus, PAMP, Valcambi) or used in luxury watchmaking and jewelry to create white gold.
The automotive industry absorbs over 80% of global palladium for catalytic converters. In Switzerland, refineries also supply the watchmaking industry. Palladium is the best metal to 'whiten' yellow gold and obtain high-quality white gold.
Unlike investment gold, physical palladium is subject to Swiss VAT of 8.1%. For investment purposes, buyers often use bonded warehouses (Zollfreilager) or ETFs to avoid this tax.