Palladium is a popular metal in industrial use. Particularly the automotive industry uses it heavily for autocatalyst production because of its strong resistance and ability to reduce car emissions. Palladium products provide the possibility to invest into the underlying commodity. Similar to investments into Gold, Palladium has often been used as an inflation hedge. Due to its heavy use in the automotive industry palladiums price is often heavily connected to automobile production, providing investors an alternative way to invest into the growth of automotive market.
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