Palladium is a metal that is primarily used for automatic catalytic converters for gasoline-powered vehicles. The price is driven by supply and demand. With the market focused on
building electric cars, the demand for palladium is predicted to go down. There is a limited opportunity for additional growth. In addition, Russia is the largest producer of palladium.
Based on current events, Russia could restrict the supply of palladium to the US limiting the availability of the metal and increase the price.
Consequently, platinum is currently a much better value for customers. We always recommend that our customers buy the best possible metal that fits their budget. Once the wedding is
over… the flowers, cake, and decorations are gone…but your rings are forever!