Manufactured by Valcambi from the Scotiabank in Switzerland, a leading independent refiner of Precious Metals worldwide, these .9995 fine Palladium bars constitute high-quality Palladium products!
- Contains 1 oz of .9995 fine Palladium.
- Bars come with an individually numbered assay card, guaranteeing the Palladium metal weight and purity.
- Obverse: Bold Scotiabank logo.
- Reverse: Scotiabank logo with the weight and purity.
- Guaranteed by Valcambi.
Protect your 1 oz Palladium bar in style by adding a quality storage box to your order.
This is a worldwide recognized product at an affordable premium. Add this attractive 1 oz Scotiabank Palladium bar to your cart today!
The history of Palladium
Palladium was discovered in 1803 by William Hyde Wollaston and named after the asteroid Pallas. The price of Palladium has traditionally been boosted by the rarity of the metal and its many industrial uses. To date, the 1 oz Palladium price peaked in January 2001 at the price of almost $1,100 per troy ounce, mostly prompted by anticipated demand for catalytic converters from the auto industry. In recent years, the Palladium spot price was influenced by a sell off of Russia’s stockpile of Palladium that was built up during the Soviet Era.
Why invest in 1 oz Valcambi Palladium bars?
Buy 1 oz Palladium bars manufactured by Valcambi and own a high quality Palladium product guaranteed by Valcambi. For a low premium over the Palladium spot price, this 1 oz Palladium bar is an attractive investment. The price of Palladium is attractive to investors because it is less than Gold and Platinum, but is also rare and has a number of other applications, which increases demand. This 1 oz Palladium bar includes an assay card guaranteeing metal weight and purity.
Understand the difference between bid, ask, spot and premium Palladium price.
Investors never pay only the Palladium spot price, because that is the per troy ounce price of Palladium in an unfabricated state. When purchasing Palladium, investors also pay a premium price, which includes the cost of fabrication, distribution, a small dealer fee and any numismatic, or collector, value, if applicable. More specifically, the 1 oz Palladium price for buyers is called the Bid Palladium price, the highest market offer and the price paid to a seller or dealer. When you sell Palladium, you receive the Ask Palladium price, the current minimum offer for buyers to sell in the market.
Buy Palladium and the spot price is the same no matter where you are in the world.
The Palladium spot price is always based on U.S. dollars, because Palladium is traded in U.S currency. The 1 oz Palladium price can then be converted to local currency. This means that the base price of Palladium is the same no matter where in the world you buy it. If Palladium prices differed all over the world, this would create an opportunity for arbitrage, which occurs when people buy and sell a commodity in different markets to take advantage of different prices.