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Palladium is so good, why is it not as expensive as platinum?
Palladium is one of the rarest precious metals in the world. Only a few countries in the world, such as South Africa and Russia, produce less than 5% of gold every year. At present, although the international palladium price is lower than platinum, it is about 100 yuan/gram higher than platinum in history. Moreover, in the international precious metal spot and futures trading market, there are only four varieties of platinum, palladium, gold and silver. The rarity and preciousness of palladium have impressed many top brands in the world. They compete to use palladium to create luxury goods, creating more and more special luxury enjoyment for the rich, celebrities and nouveau riche. Just like the top watch brand Parma Johnny Memorial.

On the 30th anniversary of his watchmaking career, kalpa launched 30 global limited editions of Kalpa.

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Eight-day chain hollowed-out watch with palladium case; Kalpa luxury palladium series watches are often hundreds of thousands or even millions of yuan!

Therefore, there is no practical basis for saying that palladium is worthless. The main reason why ordinary gold shops devalue palladium is that its chemical and physical characteristics are very unique, its processing technology is extremely difficult, it is easy to splash when melting, and its gold loss is great. The technical level of ordinary small gold shops can't process palladium at all, so most gold shops don't recycle palladium, even if they recycle it, they will try their best to lower the price and sell it to the manufacturers who process palladium jewelry at a high price to earn the difference. Therefore, experts remind consumers that palladium is not only rare and precious, but also the best time to invest because it has just been listed (the price of platinum was about 120 yuan/gram when it was first listed, and now the market price has risen to about 600 yuan/gram). At the same time, when buying palladium, we must choose brands with certain strength and scale, not only to buy with confidence, but also to ensure after-sales services such as recycling and money exchange.

The prices of precious metals are all market-adjusted prices, just like crude oil, and sometimes high prices are artificially speculated.