Precious metals such as gold, silver, platinum, and palladium are valuable assets used as currency for thousands of years. They are also used in various electronics, jewelry, and dentistry industries. You are not buying a physical asset such as a bar of gold. Instead, you trade the underlying asset’s price movements through CFDs.

This type of trading suits those who prefer to analyze global supply and demand and their influence on commodity prices in response to economic and political events.

Palladium is currently the most valuable among the four precious metals, making it a potentially attractive metal to invest in. It has been consistently trading at higher values than gold throughout most of the year, with this trend expected to continue due to a shortage in global Palladium supply unable to meet the demand.

This shortfall is mainly attributed to the global drive to combat vehicle pollution, which has led to governments worldwide implementing stricter regulations on vehicle emissions.