Palladium (XPD)
A precious metal driven by the car industry.
What is Palladium
Palladium is a rare precious metal whose demand is dominated by the car industry, where it is used in catalytic converters for petrol engines.
That single use makes its price unusually sensitive to car production and to emissions rules, and supply is concentrated in a few countries, mainly Russia and South Africa.
Those tight, concentrated supplies have at times made palladium one of the most volatile metals, capable of very large moves.
- Type
- Precious metal
- Quoted in
- USD per troy ounce
- Symbol
- XPD / spot
- Hours
- ~24/5
- Main use
- Autocatalysts
Technical view
A live read of momentum and trend across timeframes.
Aggregated technical indicators, shown for information only. Not investment advice.
What moves Palladium
Auto industry
Catalytic converters for petrol engines drive most demand.
Concentrated supply
Output is dominated by Russia and South Africa.
Emissions rules
Tighter standards can raise the metal needed per car.
Substitution
Carmakers can switch between palladium and platinum on price.
How to trade it on Chasse
You never place an order. Deploy a Chasse strategy and it trades this market for you, automatically, with a stop-loss and take-profit on every position. Which strategies you can run depends on your tier.
Live market data. Chasse is currently a simulated demo; trading results shown elsewhere are illustrative and not guaranteed.
Palladium, answered
What is palladium used for?
Mostly in catalytic converters for petrol-engine vehicles.
What moves the palladium price?
Car production, concentrated supply from Russia and South Africa, emissions rules, and substitution with platinum.
Can I trade palladium on Chasse?
Yes, palladium is among the metals our strategies trade automatically. Chasse is currently a simulated demo.
When does palladium trade?
Palladium trades nearly 24 hours a day, five days a week, so a strategy can act around the clock on weekdays.
How much do I need to start?
From $100. Metals sit alongside the other markets our strategies trade across the tiers.