10 g Palladium Bar Argor-Heraeus

10 g Palladium Bar Argor-Heraeus — 10 g Pd 999.5

The 10 g Palladium Bar Argor-Heraeus contains 10 g of 999.5 fine palladium (0.3215 troy ounces). It carries the Argor-Heraeus logo, the weight and the purity, and is sealed in the manufacturer blister.

At 10 g it sits between the 5 g palladium bar and the 1 oz palladium bar in our Argor-Heraeus palladium range. Unlike gold, palladium is not exempt from VAT.

Specifications

Why this bar

• 999.5 palladium — the minimum purity for palladium under LPPM Good Delivery
• refiner Argor-Heraeus, a participant in the London Platinum and Palladium Market system
• 10 g — a lower entry point than a one-ounce bar
• sealed in the manufacturer blister
• same refiner as our 1 g, 5 g and 1 oz palladium bars

Palladium — a platinum group metal

Palladium (Pd, atomic number 46) belongs to the platinum group metals. The English chemist William Hyde Wollaston discovered it in 1803 and named it after the asteroid Pallas, found a year earlier. The metal is silvery white, does not tarnish in air and is considerably lighter than gold.

The density difference shows in the bar itself: 10 g of palladium (12.02 g/cm³) takes up about 0.83 cm³, while 10 g of gold (19.32 g/cm³) takes up about 0.52 cm³. A palladium bar of the same weight therefore has about 60% more volume. The main buyer of palladium is the automotive industry, which uses it in catalytic converters for petrol engines, so the price reacts to conditions in that sector.

Manufacture and security features

The surface carries the Argor-Heraeus logo together with the weight and purity. The blister protects the bar from scratches and handling; any opening is visible.

Argor-Heraeus S.A. is based in Mendrisio, canton Ticino. The refinery participates in the LPPM (London Platinum and Palladium Market) system — it has passed the audit under the LPPM Responsible Platinum and Palladium Guidance — and is listed in the LBMA Good Delivery system for gold.

Palladium bars in our range

What to consider

Palladium is subject to 23% VAT, so the gap between the purchase price and the buyback price is wider than for gold. Per gram, the 10 g bar carries a higher premium than the one-ounce bar and a lower one than the 1 g and 5 g bars.

The palladium price often moves more than the gold price because it depends mainly on demand from the automotive industry. Current quotes are on our palladium price page.

VAT

The exemption under Article 346 of Council Directive 2006/112/EC and Article 122 of the Polish VAT Act applies to gold only. Palladium, platinum and silver are subject to the standard 23% VAT rate in Poland.

Why GoldInvest24

GoldInvest24 offers palladium and platinum bars from Argor-Heraeus, PAMP and Valcambi in original manufacturer packaging. Shipping is insured and discreetly packed. See the platinum and palladium category and the current palladium price.

Frequently asked questions

How much palladium does the 10 g Argor-Heraeus bar contain?

10 g of 999.5 fine palladium, which is 0.3215 troy ounces. 999.5 means 99.95% pure palladium.

Why is palladium 999.5 and not 999.9 fine?

On the London market (LPPM Good Delivery) the minimum purity for palladium is 99.95%. A purity of 999.9 is the standard for gold.

Is VAT charged on palladium bars?

Yes. The exemption applies to gold only; palladium is subject to the standard 23% VAT rate in Poland.

How do 10 g of palladium and 10 g of gold differ?

Palladium has a density of 12.02 g/cm³, gold 19.32 g/cm³. A palladium bar of the same weight has about 60% more volume and a silvery white color.

Where can I check the current palladium price?

Current quotes are on the palladium price page at GoldInvest24. The bar price is the metal price plus the premium for the weight.