Palladium is one of the most valuable metals in the world and is currently worth around 65% of the value of Gold. It is a less dense metal than its near cousin Platinum, with a lower melting point. The value of Palladium is increasing due to a shortage of supply and increased industrial demand.
In jewellery it is mainly used for wedding and engagement rings. Palladium is also used in the motor industry inside catalytic converters to clean exhaust fumes.