Palladium (PA) Futures

$952.80
11.8000[1.24%]
as of 2024-03-01
Q

What is Palladium?

A

Palladium is a rare, naturally-occuring metal that is mined primarily in Russia, the United States, South Africa and Canada.

Q

How is Palladium used in manufacturing?

A

Because Palladium can be rolled into thin sheets—like Aluminum—it is useful in the production of fuel cells and solar panels, jewelry, catalytic converters for automobiles, dentistry, watchmaking, hydrogen purification and electronics.

Q

How large is a Palladium futures contract?

A

A Palladium futures contract includes 100 troy ounces of raw metal.

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