Palladium
Precious metal · per troy oz
Characteristics
Palladium is a platinum-group metal increasingly used in jewelry as a lighter, more affordable alternative to platinum. Naturally white, hypoallergenic, and does not tarnish.
Jewelry Metal Value Reference
Estimated melt value of common jewelry pieces based on typical weights.
| Jewelry Type | Typical Weight |
|---|---|
| Thin Ring | 2g |
| Standard Ring | 4g |
| Heavy Ring | 8g |
| Pendant | 3g |
| Chain (18") | 10g |
| Bracelet | 15g |
| Earrings (pair) | 3g |
Value Drivers
Pd950 is standard for jewelry. Lighter than platinum with similar appearance.
Less dense than platinum — rings are lighter and more comfortable.
Similar working properties to platinum. Growing adoption by jewelers.
Does not tarnish or require rhodium plating. Low maintenance.
Market Dynamics
Annual production ~210 tonnes. Russia and South Africa dominate. Supply highly geopolitically sensitive.
Automotive (~80%), electronics (~10%), jewelry (~5%). Jewelry use growing as alternative to platinum.