Palladium cast bars

Why buy palladium bars today?

Palladium was discovered in the 19th century. It is extremely rare, produced 80% between Russia and South Africa. Its characteristics, which make it similar to platinum but malleable like gold, have made it a key metal in the automotive industry, e.g. for the production of catalytic converters, in electronics, chemicals and jewellery.

The value of palladium has risen steadily in recent years to such an extent that it has far surpassed gold. Palladium does not share the same price stability with gold, as it is much more closely linked to its use in industry, which accounts for 70% of demand, than to its role as a safe haven commodity. In fact, fluctuations in palladium prices are very much linked to the demand for cars and the performance of the automobile market.

The security of a palladium investment, however, is linked to the green transition, which will result in precious metals such as palladium and platinum having an increasing demand and an increasingly scarce supply.

How to store palladium bars safely?

You must consider very carefully how to store your palladium and precious metal bars. Depending on the amount of precious metals you have, you need to decide carefully whether to store them in a safe, rent a safe deposit box at a bank, or use a storage service, such as the one we offer at Orovilla.

If you opt for an insured custody service, you need to make sure that your palladium is easy and quick to reach so that you can pick it up at any time, or that you are offered a fast and secure shipping service.

How to resell a palladium bar?

As they are in high demand and highly liquid assets like gold, palladium bars are very easy to sell. The purchase of precious metal bars is offered by precious metal dealers, Compro Oro, banks with precious metal counters, private forums or online auctions. However, it is important that the buyer is licensed and certified so that your sale is conducted safely and at the right price. So avoid private forums and online auctions if you are not more than sure of your buyer.

Orovilla buys investment bars; you can divest and liquidate your bars at any time. The ability to sell precious metals in physical form, at any time and place, is their advantage over other forms of investment.