Palladium is one of the rarest precious metals on earth. Most of the world’s supply comes from two countries, Russia and South Africa, and their dominance over palladium pricing can make it quite a volatile asset within the commodities market. The silver-white metal was discovered in 1803 and can be used for a number of commercial purposes, such as catalytic converters, dentistry, surgical instruments and electrical devices. It also does not react with oxygen, making it an effective material for jewellery. Physical palladium has risen in recent years to become even more valuable and expensive than both gold and silver and is considered by some to be a ‘safe haven’ asset. Open an account to view our palladium price chart and start spread betting or trading CFDs.