<p>Palladium is a rare, silvery‑white precious metal belonging to the <a href="/NewSite/encyclopedia/platinum/" class="ency-link">platinum</a> group. It is extracted mainly as a by‑product of nickel and copper mining and is valued for its high resistance to corrosion and excellent catalytic properties. In the commodities market palladium trades alongside gold, silver, and platinum, and its is