Like platinum, palladium is considered a precious metal. That's why it's so important to know its value and keep a close eye on its fluctuations, so you can invest with a clear conscience. If you'd like to find out how to trade palladium and get the best guarantees, follow the guide.

What does it mean to "trade" precious metals?

Trading is, quite simply, a speculative activity, which encompasses all the buying and selling activities carried out on the financial markets. So, when you speculate upwards or downwards, you are actively contributing to the evolution of precious metal prices on the stock markets. There are currently four precious metals used in trading: gold, silver, palladium and platinum. From there, you have several trading options at your disposal: buying metal in the form of bullion, or trading in the form of futures, options or EFTs.

How does palladium trading work?

Investing and trading in palladium can be done in the form of futures contracts. Technically, you have an obligation to purchase an asset (in this case, palladium) at a given time in the future, for a price determined when you open your contract. This type of contract is generally standardized, which means that futures trading is locked in (1).

Exchange-traded funds, or ETFs, are like stocks or securities that you can buy or sell on the stock market throughout the day, through a broker. In this way, ETFs differ from traditional funds, allowing you to track the performance of different asset classes - and thus diversify your portfolio.

How do I trade palladium?

To trade palladium, you generally need to follow several steps: after opening a trading account and downloading a specialized platform, you need to choose the financial instrument and place your first order. The financial instrument for trading palladium generally takes the form of a monetary contract between you (the buyer) and a financial liability (the seller).