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    market news

    3 Reasons to Invest in Palladium

    Investing News Network
    Sep. 02, 2011 12:19PM PST
    Precious Metals

    IBTimes reports the value of palladium is set to rise due to three different factors.

    IBTimes reports the value of palladium is set to rise due to three different factors.

    The market news is quoted as saying,

    You may not know much about palladium, so here’s a quick primer. It is used as both an investment vehicle, just like gold, silver and platinum, but it also has several industrial functions. It is used in catalytic converters that comprise car and truck exhausts. Palladium is also used in fuel cells, which combine hydrogen and oxygen to make electricity, heat and water.

    For the complete market news, click here.

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