Category: Palladium Bullion
-
Palladium Bullion Orders Open: 2025 Collection Launches Jan. 6
Palladium Bullion Orders Open: 2025 Collection Launches Jan. 6 As the new year unfolds, the United States Mint has set the stage for the commencement of bullion ordering for 2025 starting on January 6. This marks the initiation of transactions for the 2025 American Eagle gold and silver bullion program coins, along with the American…
-
Global Leaders in Palladium and Platinum Production Revealed
In the realm of precious metals, palladium bullion holds a significant place as a crucial component in the global economy. Alongside platinum, palladium is part of the platinum-group metals (PGMs) category, which includes metals highly valued for their durability, resistance to corrosion, and exceptional catalytic properties. These metals play a vital role in various industries,…
-
Palladium Bullion Price Forecasts: AI vs. Human Accuracy 2024
In the world of precious metals, the accuracy of price forecasts has become a battleground between human intuition and artificial intelligence. As the year 2024 unfolded, the spotlight fell on the predictions for palladium bullion prices, with ChatGPT and Gemini, two prominent AI tools, stepping into the arena. After a strong finish in 2023, expectations…
-
Palladium Bullion Faces Volatility Amid Supply Concerns
The palladium bullion market is experiencing significant volatility, influenced by various factors such as supply concerns and geopolitical events. Palladium prices have been on a rollercoaster ride, with the recent rally triggered by Russia’s invasion of Ukraine, raising worries about supply disruptions. This surge follows a long-term uptrend since 2008 when palladium was trading at…
-
Palladium Surges Amid US vs BRICS Bullion Battle
In the realm of precious metals, the spotlight is currently on Palladium as it experiences a significant surge amidst the ongoing tussle between the United States and the BRICS nations over bullion supplies. The recent rally in Palladium prices has captured attention, with the metal’s value increasing by nearly 10% in a short period. The…
-
Palladium Bullion Prices Remain Volatile Amid Market Uncertainty
Palladium bullion prices have been experiencing significant volatility in recent times, reflecting the uncertainty prevalent in the market. The first quarter of the year saw a decline in both platinum and palladium prices, with platinum dropping by 8.77% and palladium by 7.91%. By the end of Q1, platinum futures closed at $907.70, while palladium futures…
-
United States Mint Updates Palladium Bullion Pricing Grid
The United States Mint has made adjustments to its pricing grid for numismatic products involving gold, platinum, and palladium, in response to the recent upward trend in spot prices for these precious metals. This modification is in preparation for the launch of the Proof 2024 230th Anniversary Flowing Hair, High Relief gold dollar. The revised…
-
Palladium Struggles Despite Russia’s Leading Production Status
Palladium Bullion Market Analysis Palladium, a precious metal, has faced challenges despite Russia’s dominant position as the leading producer. The turmoil sparked by Russia’s invasion of Ukraine in 2022 initially boosted palladium prices, which had been on an upward trajectory since hitting a low in 2008. Recent data indicates that palladium futures have been hovering…
-
Russia to Add Silver to State Reserves in Precious Metals Strategy Shift
Russia is making a significant move in its precious metals strategy by considering the addition of silver to its state reserves, alongside gold, platinum, and palladium. The potential inclusion of silver in Russia’s State Fund, as outlined in the Draft Federal Budget, marks a departure from past trends where silver has been overlooked by central…
-
US Urges G-7 to Consider Sanctions on Russian Palladium
The United States has requested the Group of Seven (G-7) allies to deliberate on imposing sanctions on Russian palladium and titanium, as part of efforts to exert pressure on President Vladimir Putin’s regime. This proposal was put forth by the Biden administration officials during a meeting of G-7 deputy finance ministers in Washington. The objective…