Palladium is mainly used as a catalyst and in making jewellery. A catalyst is a substance used to speed up or slow down a chemical reaction without undergoing any change itself. Palladium catalysts are used in breaking down petroleum to make high-quality gasoline and other products. A catalytic converter is a device added to a car's exhaust system. It helps the fuel used in the car burn more efficiently. There is a huge demand for palladium bullion and the Russian government controls supplies. With the auto industry switching to palladium over platinum and China’s auto industry booming, it will not take long for supplies of palladium bullion to shrink and prices to go up.
PAMP Suisse is one of the world’s most prestigious refiners and these PAMP Suisse palladium bullion bars are of 999.5 pure palladium.