Fill a small container with 1/2 tsp. of mild dish soap and warm water. Place the platinum or palladium jewellery in the solution and allow to soak for five minutes. Remove from the solution and scrub with a small brush, or wipe with a soft cloth – repeat step 2 and 3 until all dirt and grime is fully removed.
Cleaning Gold and Palladium Jewelry- To clean gold or palladium jewelry dilute dish detergent in a small bowl of warm water and soak each piece for a 3-5 mins. Gently clean your item by using a soft bristle toothbrush.
Some people don't like the 'light' feel of palladium compared with platinum. Because it's a newcomer to the jewellery market, it's too soon to say whether palladium will keep its value so it's probably not the best metal to choose if you're looking to make a long-term investment.
Though palladium is considered the most reactive in the platinum metal group, it doesn't react with water. You can wear it in the shower, and it won't tarnish. Over time, the glossy finish might fade to a matte one. But you can get it polished by a jeweler to restore the original look.
Palladium rings are extremely tarnish resistant. Palladium rings are comprised of 95% pure palladium which means they do not contain the metals that cause silver to tarnish. White gold needs to be treated with a process involving "re-rhodium" otherwise it will turn back to its yellow gold color every few years.
Palladium Is More Valuable than Gold & Silver
It also tops platinum when it comes to current market value. On average, prices for palladium rings today are around $2,000, according to Brides.com.
Palladium is in high demand from various industries but there is a low supply. This makes the precious metal scarce, which is an attractive feature for an investment. There are many applications for palladium, making it one of the most sought after precious metals on the market.
Like most other precious metals Palladium does scratch. Despite being harder than Platinum, it will nevertheless pick up scratches.
Gold has many uses and is thought to be the standard for precious metals, trading at $1,654 per ounce. Most investors overlook Palladium, which is even more valuable at $1,954 per ounce, respectively.
Palladium is one of the most low-maintenance metals you can own. It is naturally bright, so it doesn't need replating.
Palladium prices have dropped by a third since soaring to all-time highs six months ago, as automakers switch to platinum and other metals that do a similar job of limiting the toxic emissions of petroleum engines, a trend that is seen continuing in 2022.
It is now cherished for its lustrous silvery-white finish and because of its similar properties to platinum. Palladium is resistant to corrosion and will not tarnish in air. It is relatively hard-wearing.
It is estimated that palladium is still about 15 times rarer than platinum, making it significantly more expensive per ounce. In fact, palladium is currently the most expensive among the four major precious metals (platinum, gold, and silver).
Nitric acid can be used to perform a quick test to differentiate between palladium and silver. Palladium won't react to nitric acid, whereas silver will oxidize and turn a light brown color.
As with any commodity, the price of palladium is determined by supply and demand. The current high price of palladium is due to increased demand from China and other countries where the economy is booming.
Palladium is also appreciated for its monetary benefits as a store of wealth and its investment potential. In the years ahead investments in palladium may produce some of the most lucrative opportunities in the precious metals complex.
While platinum will hold up better against impacts that might dent your ring, palladium is more resistant to scratches. For example, the prongs holding the center stone of a platinum engagement ring are less likely to break than those of a gold engagement ring.
Palladium is a more precious metal and a relative of platinum. It gives a little added preciousness to sterling and makes it a little harder and a little more expensive.
Very similar in the way you would care for platinum jewellery, palladium jewellery simply needs a soft cloth to gently buff it back into its shiny state.
Palladium white gold is harder than traditional white gold so you will have better protection from damaging your special jewelry pieces. Because palladium white gold jewelry does not contain nickel, it doesn't need to be rhodium plated (which wears off over time).
Affordability. Until recently, palladium was a much more affordable metal than platinum, especially for jewelry. However, recent increases in demand for palladium (mostly due to its industrial uses) mean there's no longer much of a difference in price.
Palladium Rarity
Palladium is one of the rarest metals on earth and even more scarce than platinum – 15 times more rare to be precise. If all the platinum in the world fits in your house, then every ounce of palladium can easily squeeze inside your living room.