Discover the best brokers and top trading platforms for palladium futures at Economies.com. Learn how to trade effectively with access to the industry's leading platforms, equipped with superior tools and resources. Whether you are a novice seeking to understand the basics or an experienced trader aiming to diversify your portfolio, our comprehensive guide showcases the best opportunities in palladium trading. Explore platforms that offer detailed analytics, user-friendly interfaces, and expert insights to enhance your trading strategy and maximize your investment outcomes.
Palladium, part of the platinum group metals which includes rhodium, iridium, and osmium, is 12.6% harder than platinum, making it more durable. It has many industrial applications, is used in the jewelry industry, and some dental equipment.
Palladium is traded on the New York Mercantile Exchange (NYMEX) and the trading hours are Monday to Friday from 23:00 to 21:59 GMT. Prices are quoted in dollars per ounce, with the minimum trading volume being one ounce.
Palladium trading varies as with other precious metals, with several investment methods offering different levels of risk and return: