Platinum & Palladium Calculator
đ Platinum Group Metals Calculator
Calculate the current value of your platinum and palladium holdings. These precious metals are essential for automotive, jewelry, and industrial applications, making them valuable investment alternatives.
Current Platinum: $1,000.00/oz
Current Palladium: $2,500.00/oz
đ About Platinum
- 30 times rarer than gold
- Primary use: automotive catalysts (40%)
- Jewelry market: 30% of demand
- Industrial applications: fuel cells, electronics
- Investment demand: coins, bars, ETFs
- Main producers: South Africa, Russia
⥠About Palladium
- 15 times rarer than platinum
- Primary use: automotive catalysts (80%)
- Essential for gasoline engines
- Electronics: capacitors, connectors
- Dental applications
- Main producers: Russia, South Africa
đ Investment Characteristics
Platinum:
- More stable price history
- Traditional jewelry demand
- Industrial diversification
Palladium:
- Higher price volatility
- Supply concentration risk
- Strong automotive correlation
đ Market Factors
- Supply: Mining concentrated in few countries
- Auto Industry: Emission standards drive demand
- Recycling: Growing secondary supply source
- Substitution: Metals can replace each other
- Economic Growth: Industrial demand correlation
- Currency: USD strength affects prices
đ° Investment Considerations
Advantages:
- Portfolio diversification
- Industrial demand support
- Limited supply sources
- Hedge against inflation
Considerations:
- Higher volatility than gold
- Complex market fundamentals
- Storage and liquidity costs
- Industrial demand sensitivity
đ Investment Options
Physical:
- Coins (Platinum Eagle, Maple Leaf)
- Bars (1 oz, 10 oz sizes)
- Rounds from private mints
Paper:
- ETFs (PPLT, PALL)
- Mining stocks
- Futures contracts
Storage:
- Home safe
- Bank deposit box
- Professional vault