Anyway, this is kind of interesting because the price relationships between & among these metals go back many decades, but the shift in vehicle use is warping the supply/demand picture.
Interesting information. Thanks.
I would like to see a drop in Pd prices, but... maybe not. Not if this change really is the result of changes in automotive catalyst usage. The Auto market dominates all other uses for such noble metals.
So, I learned something I did not know. I knew platinum was used in catalytic convertors but did not know palladium was an alternative. I look it up and discover that Rhodium, another noble metal, is also used in convertors. I was curious and looked up the prices and found this link. http://www.infomine.com/investment/metal-prices/rhodium/
Interesting that there was a collapse in the price of Rhodium in’08. Now I have to go read about Ruthenium.
I would think that Pt and Pd have additional value because they can more easily escape detection than gold when moved across borders.
Just melt into a car bumper or maybe some “silver” plates and I’m sure you can get through. As long as you have a device to determine the atomic weight it’s fine. There are such devices that aren’t too much money that measure resistance of a metal to current which directly correlates with the atomic weight.