Investing in Palladium
HISTORICAL Palladium PRICES & CHARTS
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Easy to buy, hold, sell and trade, bullion coins can be an excellent way to enter the palladium investment market or add to your growing portfolio. Monex proudly offers 1 ounce Canadian Maple Leaf coins composed of pure .9995 fine palladium and produced in accordance with the Royal Canadian Mint's exacting standards. Available in units of 10, each beautiful coin’s weight, purity and face value is guaranteed by the Canadian government.
Appealing supply and demand fundamentals and a relatively small marketplace make investing in palladium coins an attractive way to diversify a portfolio.
With billions of dollars in transaction volume and consistently competitive prices, Monex remains a preferred source for physical palladium investments. Contact one of our Account Representatives today and discover how to incorporate palladium coins into your personal investment program
Give us a call and discover why Monex has been a trusted name in coin and bullion trading for more than 50 years.
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Buying palladium bullion is a convenient and cost-effective way to enter into the often-exciting world of palladium investments. With the market's impressive supply and demand fundamentals, and growing prospects for a potential supply squeeze in the years ahead, an investment in palladium bullion may be one of the best bets now and in the future. Monex offers palladium bullion in 10 ounce bars of .9995 fineness for personal delivery or storage, if desired, through a Monex Atlas Account. Each bar we offer is hallmarked by a leading refiner to certify the bar's weight and purity.
Monex Account Representatives are available between 5:30 a.m. and 4:30 p.m. Pacific time each Monday through Friday (except national holidays) and on many weekends.
Contact us to learn more about how to invest in palladium and discover why Monex has been a trusted name in coin and bullion trading for more than 50 years.
What are the top 10 facts about palladium?
- Palladium has been the least popular of the four precious metals investments.
- Palladium prices have appreciated more than the other precious metals over the last ten years.
- Congressional approval has paved the way for the first Palladium Eagle from the U.S. Mint.
- U.S. Mint's Palladium Eagle will use the famed “Mercury Head” dime obverse design.
- A United States palladium coin will endorse the metal as an alternative bullion investment.
- Advances in Selective Catalytic Reduction can reduce the quantity of palladium needed per vehicle.
- During a temporary supply squeeze, palladium prices exceeded gold prices, reaching $1,000 per ounce.
- South Africa mine production fell over most of the past decade, and is projected to decline further.
- For the most part, palladium is produced as a by-product of other mining.
- About 40% of the world's mining supply comes from just one Russian company, Norilsk.
Why should I invest in palladium with Monex?
There are many good reasons to add precious metals to an investment portfolio. It is anticipated that the palladium supply will be scarce in the years ahead while the industrial demand will continue to grow. This scenario of tight supply and increased demand suggests strong prices. Furthermore, an introduction of a United States palladium coin could very well be an endorsement of palladium as a bullion bar alternative, and put increased attention on palladium markets in general.
Monex offers extremely competitive prices on its palladium products, and posts both real-time ask and bid prices online and through its mobile app, the Monex Bullion Investor available for both Apple and Android smartphones. Current and prospective customers alike can depend on our friendly and knowledgeable Account Representatives to provide quick and thorough answers to questions and insightful discussions about today's trends and market information. Meaningful investments in physical palladium are valuable, and Monex can arrange storage of an investor’s metal at a bank or depository.
What palladium products does Monex offer to investors?
Monex offers the two most popular ways to own palladium, including pure palladium bullion bars and bullion coins. Pure 10-ounce .9995 fine palladium bullion bars in the form of 10-ounce ingots, are stamped with the exact weight and fineness, refiner's hallmark and serial number. Monex offers legal tender, pure palladium bullion one-ounce Canadian Maple Leaf coins produced by the Royal Canadian Mint.
Does the face value of a Palladium Maple Leaf coin affect its worth?
The face value of the Palladium Maple Leaf coin is $50 Canadian and is insignificant as it relates to its intrinsic commodity melt value. Therefore, the face value is unimportant and really does not affect its worth. However, having the currency value affixed by Canada is quite important as it makes it a legal-tender coin and not a bullion ingot/round.
What is the minimum amount of palladium I can buy from Monex?
What is the process of investing in palladium with Monex?
Once you have decided on the type and quantity of palladium to purchase, your Monex account representative will assist you in executing your order over the phone, and your purchase and price will be confirmed on a recorded line after your acknowledgment. A written confirmation will be sent to you with the details of your order.
Payment must be initiated on the day of purchase, which means you must mail or wire funds on the day of your purchase. Upon payment verification, you have the power to decide if you want your physical metal shipped directly to your home, made available for pick-up at secure depository facilities located throughout the U.S., or have your metal delivered to a bank/depository for storage.
What forms of payment does Monex accept?
- Domestic Bank Wires: Funds acceptable upon receipt.
- Foreign Bank Wires of U.S. Funds: Acceptable upon bank verification.
- Bank Cashier's checks and Personal Checks: Accepted with a 5 - 10 day hold period and bank verification.
- Cash, credit cards, convenience checks, payment in foreign currency, ACH forms of payment, checks drawn on foreign banks, or cryptocurrencies are not accepted.
How long does it take to receive my palladium?
Almost every investment in physical metal is unique. For this reason, calculating shipping time for a unique palladium product has no single universal answer. Delivery of your metal is dependent on a large variety of factors including the quantity of metals, when your purchase is made, and more.
On average, physical metal will leave the shipping facility two to five days following confirmed reliable good funds. Once Monex has received payment and the funds are confirmed and considered reliable good funds, Monex will direct one of its independent shipping facilities to package and assign it to either USPS or UPS for delivery to you. You will then receive email or telephone notification of your shipment's tracking number.
All shipments of palladium bars and coins are insured against loss or damage in transit. If you decide to have your palladium delivered to and stored by a bank/depository, the metal is fully insured in transit and while in storage.
How does the palladium sell-back process work?
Selling your palladium bullion bars or coin investment back to Monex is a relatively easy process. When you are ready to sell your palladium, simply contact your Monex account representative for shipping instructions. Shipments must then be sent by USPS registered and insured mail with a return receipt. Customers are responsible for fully insuring shipments, until received by Monex. Once the shipment is received and verified you will be notified. Proceeds of the sale will be sent to you in the form of a check or bank wire, or if you prefer, credited to your account. If your palladium is in storage at one of the banks/depositories, you can sell your metal over the phone at any time without delay. The transfer of title from you to Monex will follow your sale, and the bank/depository will notify you by mail that the transfer of title has occurred.
Can I store my palladium investment through Monex?
Monex can arrange for the secure storage of your palladium bullion or coin investments. Monex will deliver your palladium with full title and ownership in your name to one of the independent bank/depository facilities that provide storage for Monex customers. These bank/depositories include multiple secure depository locations throughout the country.
How do I know the palladium products I get from Monex are authentic?
Monex guarantees the authenticity and fineness of all its bullion bars and coins. All palladium bullion bars are imprinted with the refiner’s name, exact weight and fineness. Palladium Maple Leaf coins are produced by the highly respected Royal Canadian Mint. The RCM takes great care in issuing its bullion coins with the latest security improvements. And, Monex is authorized by the RCM as one of its Bullion DNA dealers to verify the authenticity of certain Maple Leaf coins using a laser-marking and precision radial line technology verification system.
Should I buy palladium or platinum?
Palladium typically has wider price ranges and therefore greater price volatility, which presents both greater risks and opportunities. Per cubic inch, platinum is significantly (75%) more dense than palladium. As such, platinum would be more efficient to use in the chief fabrication of autocatalysts, if it were not for platinum's higher scarcity and cost.
Overall the choice is yours, so be sure to contact a Monex account representative to learn more about investing in platinum, palladium, and which one could be right for you.