Investment Palladium Bar 10 x 1 g Multicard
Investment Palladium Bar 10 x 1 g Multicard
The product can also be purchased directly in the stores of the Czech Mint
Product description
Most people imagine gold, silver or platinum when talking about "investment metals,". Smart investors, however, know that palladium is a metal to which the analysts predict a bright future. You can save your funds in a set of ten one-gram bricks.
The palladium market is one of few metal markets that is really tense . Palladium is lacking seriously on the ground. It was about 210 tonnes in 2017, but the demand was higher, with a metal deficit of 25 tonnes. This is due to the strong demand of the automotive industry which consumes more than three quarters of palladium production. Palladium is used in catalytic converters of fuel-powered cars whose sales are increasing. Diesel engines are not popular in Europe after Dieselgate. More and more people can afford the car in China, which is primarily a gas market. Emission standards are stricly introduced around the world. Palladium is also used in hybrid cars and it is a key component of hydrogen fuel cells. The value of palladium is also influenced by the fact that Russia is its largest supplier, which has shown that it is able to limit supplies of strategic natural resources in response to geopolitical tension.
Palladium set "Multicard" was produced by renowned Swiss refinery Argor-Heraeus.
Each set was sealed into a certified packaging.