Where to Buy Palladium
Track the live palladium spot price and find trusted online dealers. Browse palladium bullion products from reputable sources.
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Shop Palladium Online
1 oz Palladium Bar1 oz · BarCheck Price
1 oz Palladium Maple Leaf1 oz · CoinCheck Price
1 oz Palladium Eagle1 oz · CoinCheck Price
10 oz Palladium Bar10 oz · BarCheck Price
Why Buy Palladium?
Palladium is one of the rarest precious metals, primarily valued for its critical role in gasoline vehicle catalytic converters. Over 75% of global supply comes from Russia and South Africa, making it geopolitically sensitive and prone to supply disruptions.
- Extreme rarity — Annual palladium production is roughly 210 tonnes vs. 3,000+ tonnes for gold
- Auto industry demand — Catalytic converters in gasoline vehicles consume ~80% of annual supply
- Supply risk — Concentrated production in Russia and South Africa creates geopolitical price sensitivity
- Portfolio diversifier — Palladium's price drivers differ from gold and silver, offering genuine diversification
What Palladium Products Are Available?
The physical palladium market is much smaller than gold or silver. Product selection is limited, and premiums are higher due to lower production volumes and fewer buyers.
- 1 oz palladium bars — The most common form. Available from PAMP Suisse, Valcambi, and other refiners. Premiums run 5–10% over spot
- Canadian Palladium Maple Leaf — The primary sovereign palladium coin (1 oz, .9995 fine). Higher premiums but strong recognition
- American Palladium Eagle — US Mint palladium coin (1 oz, .9995 fine). Less common and often carries significant premiums
- 10 oz palladium bars — Available but less common. Lower per-ounce premiums for larger commitments
What to Consider Before Buying Palladium
Palladium is a more specialized investment than gold or silver. Consider these factors before buying:
- Liquidity — Palladium is less liquid than gold or silver. Selling back may take longer, and bid-ask spreads are wider
- Higher premiums — Expect 5–10% over spot, compared to 2–5% for gold bars. Fewer products mean less price competition
- Volatility — Palladium can move 5–10% in a single week. It peaked near $3,000/oz in 2022 and has traded significantly lower since
- EV transition risk — As electric vehicles (no catalytic converter needed) grow, long-term palladium demand may face headwinds
- Niche market — Palladium is a specialized market with lower trading volumes and fewer retail products compared to gold or silver
Storage and Resale
Palladium is similar to platinum in size and density, making it easy to store but requiring some planning for resale.
- Storage — Palladium doesn't tarnish or corrode. Store in capsules to prevent scratching. A home safe or vault works well
- Resale — Sell back to established online dealers for the best buyback prices. Local shops may not stock palladium and may offer lower prices
- Authentication — Buy from reputable dealers who test and guarantee their products. Palladium's rarity makes authentication important
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Frequently Asked Questions
Where can I buy physical palladium?
Online precious metals dealers like SD Bullion carry palladium bars and occasionally palladium coins. Selection is more limited than gold or silver, so it's best to check availability and compare premiums before purchasing.
Is palladium a good investment?
Palladium has unique supply-demand dynamics — most supply comes from Russia and South Africa, while demand is driven by automotive catalytic converters. It's more volatile than gold but can offer significant upside during supply deficits. It's best suited as a small portfolio diversifier.
Why is palladium so expensive?
Palladium's price is driven by chronic supply deficits, strict emissions regulations requiring catalytic converters in gasoline vehicles, and geopolitical risks in major producing countries. However, prices have moderated as automakers substitute platinum and EV adoption grows.
What's the difference between palladium and platinum?
Both are platinum group metals used in catalytic converters, but palladium is used in gasoline vehicles while platinum is used in diesel. Palladium is rarer in the Earth's crust. Historically, the two metals trade in cycles relative to each other.