Like its bullion-cousin platinum, palladium is an investment option regularly lost in a discussion dominated by gold and silver. And while palladium may not get as much time in the limelight, its potential is equal to—some say greater than—gold and silver. In fact, there are a number of reasons to make room for palladium in your precious metals portfolio.
Why Buy Palladium Bullion?
Thanks to several key factors, analysts believe palladium bullion is set to experience steady growth in the coming years. Why? Well it boils down to the fundamentals.
Let's start with demand—why it's on the rise.
It's reported that ETFs, COMEX, banks and private investors have 1.9 million ounces of palladium on hand. And while the physical demand generated by the automotive sector has literally exploded, so has the investment demand for palladium bullion.
Another chunk of the demand equation is jewelry. Buyers are increasingly turning to palladium for its high quality and affordability relative to platinum and gold.
Supply for palladium, on the other hand, is decreasing.
Just this past year, palladium production dropped another six percent. The gap between supply and demand is approximately 915,000 troy ounces and soaring.
Furthermore, palladium is more than 30 times rarer than gold, yet it's only about half the price.
Combine the swelling demand and tightening supply, and you've got sustained growth in palladium prices folks—provided the factors and trends continue.
What Type of Palladium Bullion Can I Buy?
The associates at Provident Metals have decades of experience helping precious metals investors decide just that.
Palladium bullion investment options include:
- Palladium Maple Leaf – Struck by the Royal Canadian Mint, the Palladium Maple is one of the most straightforward, popular investment options available.
- Russian Palladium Ballerina – Produced in limited quantities by the Moscow Mint from 1989-1995, the Russian Palladium Ballerina is highly sought after by investors and collectors across the globe.
- Private Mint Palladium Bars – Issued by PAMP Suisse and Credit Suisse, palladium bars are a simple, cost effective way to purchase and store this exciting precious metal.
How can I start investing?
It's easy. To browse current prices and availability, click on the links below. When you're ready, our secure online ordering system makes purchasing palladium bullion safe and easy. If you have questions or prefer to place your order by phone, our associates are available by calling toll-free at (800) 313-3315. Remember though, online ordering is possible at ProvidentMetals.com 24 hours a day, 365 days a year