Investing with one of the best palladium investment firms is one of the most excellent methods to do this.
The greatest palladium investing firms will be covered in this article; each one provides special features and services for investors aiming to maximize their returns.
We have thoroughly investigated these businesses’ histories, track records, and customer satisfaction levels so you can make an informed choice about where to invest your money.
Top Best Gold IRA Companies
- American Hartford Gold: Editor’s Choice – Best Prices on Bullions (4.9/5)
- Red Rock Secured: Runner up – Best at Home Gold IRA (4.8/5)
- Augusta Precious Metals: Great Gold IRA Company Overall (4.6/5)
- Goldco: Great Buyback Program (4.5/5)
- Birch Gold Corporation: Great Staff Overall (4.3/5)
- Noble Gold Investment: Best Customer Support (4.2/5)
#1 American Hartford Gold: Editor’s Choice – Best Prices on Bullions (4.9/5)
Life and health insurance are well-served by American Hartford. They offer extensive packages that can be customized to match the requirements of any person and family. Their customer service professionals are always accessible to respond to inquiries, offer suggestions, and assist you in locating the best package for your requirements. The website’s simplicity makes it simple to compare programs and request quotations. Overall, American Hartford has pleased me greatly. I heartily endorse their services to anyone seeking high-quality life or health insurance.
Pros:
- American Hartford Gold provides cost-effective, flexible retirement savings choices without additional costs.
- It gives consumers access to various investments, such as mutual funds, equities, and bonds.
- Opening and maintaining an account does not require a minimum investment or account balance.
- The business offers free, individualized financial counseling from qualified experts.
- Tax benefits, such as postponed capital gains taxes on investments kept in accounts, are available to account holders.
- American Hartford Gold also provides IRA rollover options that make it simple for customers to add funds from other retirement plans to their accounts.
- The business has a long history of offering top-notch client assistance and customer service.
Cons:
- Due to the IRA plan’s assets’ tax-deferred status, investment profits may be subject to higher taxes than those from other retirement plans.
- Because American Hartford Gold offers fewer assets than other service providers in the sector, high-net-worth customers may need help diversifying their portfolios appropriately.
- The custodial fees levied by American Hartford Gold may be more expensive than those imposed by some of its rivals.
- Investing in products provided by American Hartford Gold has a certain amount of risk because no return on investment is guaranteed.
#2 Red Rock Secured: Runner up – Best at Home Gold IRA (4.8/5)
I’m happy I recently used Red Rock Secured for my life and health insurance. They gave me the best financial assistance I could have possibly wished for. They helped me along the journey by offering advice, from assessing my current policy to selecting the best alternative for my requirements.
I believe in their abilities because of their experience and excellent customer service. I heartily suggest Red Rock Secured for anyone searching for life or health insurance!
Pros:
- Provides flexible periods and repayment options together with highly competitive interest rates.
- Offers a variety of credit options, including loans for both residential and commercial real estate.
- Offers responsiveness to loan requests quickly and with tailored customer service.
- Makes use of cutting-edge technologies for a safe, effective, and quick lending process.
- Has a Better Business Bureau (BBB) A+ rating.
- It comprised a group of experts with years of experience in the mortgage market.
Cons:
- Due to regulatory limitations, loans cannot be provided outside the US or some US states.
- Depending on the type of loan requested, additional documents or collateral may be time-consuming and burdensome for customers who require fast financing options.
- It has more significant costs than other lenders, making it less tempting for borrowers looking for economical borrowing options.
#3 Augusta Precious Metals: Great Gold IRA Company Overall (4.6/5)
I learned about Augusta Precious Metals and their Wealth Advisory company earlier this year. The degree of knowledge and care they provide in assisting clients in making wise investments in gold, silver, and other precious metals impressed me. They provide various goods, including coins, bars, bullion, and more.
Their advisers are informed and competent and offer individualized assistance catered to each client’s needs. The fact that their fees are reasonable when compared to those of other companies in the sector also delighted me.
Overall, Augusta Precious Metals has exceeded my expectations. I heartily endorse them to investors seeking help with their precious metals purchases.
Pros:
- Provides free home delivery on all purchases of $99 or more.
- Keeps a sizable stock of precious metals, including gold, silver, and platinum.
- Their website is user-friendly and has useful instructional tools.
- Provides a secure storage service at affordable prices.
- Displays a Better Business Bureau rating of A+
- Offers knowledgeable employees who can answer any inquiries and outstanding customer service.
Cons:
- Orders under $99 may incur hefty shipping costs.
- Once an order has been placed, their online store does not accept refunds or exchanges.
- On their website, locating precise information regarding product availability takes time and effort.
- They can have less selection than some other gold dealers.
#4 Goldco: Great Buyback Program (4.5/5)
Regarding pricing and costs, Goldco is dedicated to openness and fairness, which is another quality I value. They always provide you with the whole picture so you are properly informed before making any financial decisions; there are never any unexpected fees or costs.
I recommend Augusta Precious Metals and Goldco as a wealth advisory firm specializing in gold and silver IRAs for anyone searching for an ethical business with top-notch customer service and exceptional financial guidance.
Pros:
- Provides individualized services that are based on the needs of the client
- Has access to a variety of investment opportunities
- It comprised a knowledgeable team of financial advisors
- Provides free consultations and guidance on finances
- Offers safe access to online accounts
Cons:
- Its services have a cost, which varies based on the plan selected.
- Limited in terms of services provided outside of the US and overseas investments.
#5 Birch Gold Corporation: Great Staff Overall (4.3/5)
Birch Gold, a family-run financial planning firm that focuses on precious metals investments, is something I just recently learned about. They are among the top gold IRA firms in the US, and I was happy to learn after conducting some research. They offer a wide range of premium investment products and services in addition to informed, skilled staff who deliver exceptional customer service. Compared to other gold IRA firms, they also provide competitive pricing. For individuals wishing to add precious metals to their portfolio to diversify, I am confident in suggesting Birch Gold as a dependable source.
Pros:
- Birch Gold provides investors a safe and dependable way to invest in precious metals.
- It offers a straightforward and uncomplicated method for purchasing gold and silver, enabling users to readily monitor their investment’s success.
- It eliminates the need for a middleman, enabling customers to buy actual gold and silver coins or bars at competitive costs.
- Customers can gain from the company’s individualized service, which includes giving them details on the market’s state and suggestions for managing their investments.
- Birch Gold provides a variety of practical payment methods, including e-checks, wire transfers, credit cards, and debit cards.
- To assure consumers that their investments will securely reach their doorsteps, the business also offers free insured delivery on all orders.
Cons:
- Birch Gold’s fees are slightly higher than those charged by other gold dealers, which may make it less affordable for some investors.
- Physical gold or silver products cannot be accessed immediately after being purchased because delivery may require several days, depending on the customer’s location and method of payment.
- When purchasing precious metals from Birch Gold, minimum purchase requirements must be satisfied to qualify for discounts. This makes it challenging for smaller investors who want to gradually invest in tiny amounts of gold or silver.
#6 Noble Gold Investment: Best Customer Support (4.2/5)
When I recently sought to set up a Gold IRA account, I worked with Goldco. The whole procedure was made quite simple to them, and they were highly knowledgeable about how to do it appropriately. The helpful and knowledgeable staff wholly and swiftly answered all of my queries. The account’s fees are modest, giving me various options for where to invest my money. Overall, Goldco is an excellent choice for creating a Gold IRA.
Pros:
- It provides a safe way to store valuable metals.
- Provides affordable prices for all sales and purchases.
- Has a large assortment of coins and bars made of gold, silver, and platinum.
- Offers a range of solutions for the acquisition, storage, and sale of your metals according to the specific requirements and preferences of the client.
- Conducts business with reputable international mints.
- Under certain conditions, it guarantees delivery of all orders within 24 hours.
- It offers consumers a safe online platform that allows them to view their account information whenever they want, wherever in the world, in complete security.
- Customers have access to knowledgeable employees of Noble Gold who can respond promptly and professionally to their questions and concerns.
Cons:
- Lower than average ratings compared to other businesses in the sector regarding customer service.
- Customers have complained that when dealing with Noble Gold’s customer service representatives directly over the phone or via email, charges are occasionally made without explanation or notification, which can sometimes need clarification on what has been billed for and what service or product was received.
- Due to processing costs connected with transfers from third-party bank accounts, some customers have experienced delays when making payments via credit card or wire transfer.
- Due to restrictions on shipping goods containing precious metals abroad, customers may need help to take physical ownership of some products they buy from Noble Gold, making it harder for individuals outside of the US or Canada.
Sibanye Stillwater (NYSE: SBSW)
A multinational mining corporation for precious metals, Sibanye-Stillwater Limited, operates worldwide in Southern Africa, North and South America, and other regions.
It was founded in 2013 and has its headquarters in Weltevreden Park, South Africa.
In addition to PGM mining operations in Zimbabwe, Canada, and Argentina, the company’s varied portfolio includes gold mining operations in South Africa. Iridium, ruthenium, copper, nickel, and chromium are just a few of the rich byproducts produced by Sibanye-Stillwater’s mining activities.
The miner owns the only palladium mines in the United States, Stillwater and East Boulder.
Ivanhoe Mines (OTCQX:IVPAF)
Ivanhoe Mines Ltd, established in Vancouver, Canada, explores, develops, and recovers PGMs and other metals and minerals. The company, which primarily conducts business in Africa, also has assets in South Africa and a 100% interest in the Western Foreland is a property in the Democratic Republic of the Congo (DRC) that is being used for development.
The recently discovered Platreef project, which includes significant amounts of palladium, platinum, rhodium, gold, copper, and nickel, is owned by Ivanhoe Mines in collaboration with a Japanese consortium and others.
The mining corporation is also working to modernize the storied Kipushi mine, which is situated in the DRC. IVPAF stock meets the criteria for Benzinga’s list of stocks under $10.
Anglo American Platinum (OTCPK: ANGPY)
Anglo American Platinum, the largest PGM producer in the world, provides its extensive network of clients with mined, recycled, and traded products as part of its comprehensive resource-to-market services. Palladium, platinum, rhodium, iridium, ruthenium, and osmium are among the PGM goods offered by the corporation, which has its headquarters in Johannesburg, South Africa. The organization has offices across the globe, including China, Finland, South Africa, and North and South America. In addition, Anglo-American is the biggest recycler and processor of used and used PGM catalytic converter materials worldwide.
New Age Metals (OTCQB: NMTLF)
New Age Metals Inc. was established in 1996 and was formerly known as Pacific Northwest Capital Group. It is engaged in exploring and developing PGM, precious metal, and base metal mining sites in Canada. The Genesis polymetallic project in Southcentral Alaska and the River Valley Palladium project in the Northern Ontario townships of Dana and Pardo is 100% owned by the Vancouver, Canada-based firm. Northwest of Winnipeg, Manitoba, New Age Metals also owns interests in 8 lithium projects.
Platinum Gr Metals (AMEX: PLG)
Platinum Group Metals Ltd., a Vancouver, Canada-based company that explores and develops palladium and platinum resources, was established in 2000. The company’s primary area of interest is real estate in South Africa. It has a 50% stake in the Waterberg project on the Western Bushveld complex. In addition to its mining and exploration endeavors, the company creates palladium and platinum-based next-generation battery technology. PLG stock meets the criteria for Benzinga’s stocks under the $5 list at its current price.
Palladium, a precious metal frequently likened to platinum, is mainly found in Russia, South Africa, the United States, and Canada. Palladium’s most popular application is the creation of catalytic converters for the automotive industry. However, it also has a number of other uses in the jewelry, dental, and electrical industries. Stocks of Palladium can make excellent investments.
Catalytic converters regulate exhaust emissions to reduce the amount of pollution that car engines emit. The production of automobiles primarily drives the market for palladium and palladium stocks due to using palladium in catalytic converters. The automobile sector accounts for 84% of the world’s annual demand for palladium. Therefore, metal prices often rise when vehicle sales are high.
Despite the COVID-19 pandemic’s initial slowdown in auto sales, the necessity for palladium for other applications and the growing difficulties in obtaining the precious metal have been significant drivers of palladium’s recent, not insignificant, price climb.
Furthermore, 75% of palladium mined comes from South Africa and Russia, so natural disasters and geopolitical events in those nations might significantly impact the availability of palladium globally and, consequently, its price. For instance, the news in March 2021 that Nornickel, the top producer of Palladium in Russia, had encountered flooding at its mines and would consequently restrict its output helped to explain the recent steep increase in palladium prices.
Quick Look at the Best Palladium Stocks
- Sibanye-Stillwater Limited
- Ivanhoe Mines Ltd
- Anglo American Platinum
- New Age Metals, Inc.
- Platinum Group Metals Ltd.
Overview: Palladium Stocks
The rarest and currently most expensive precious metal is palladium, which is silvery-white and glossy. Palladium is a chemical element with the atomic number 46 and the symbol Pd.
William Hyde Wollaston, an English scientist, discovered palladium in 1803. After dissolving platinum in a nitric and hydrochloric acid solution, Wollaston discovered a second metal was left behind and could separate palladium. Pallas Athena, the Greek goddess of knowledge, useful arts, and cautious warfare, inspired Wollaston to name the metal palladium after the asteroid Pallas, founded in 1802 and named after her.
The platinum group metals (PGMs) with the lowest density and melting points are palladium, including rhodium, iridium, ruthenium, osmium, and platinum. The most common application for palladium is in catalytic converters for automobiles. However, it is also used in jewelry, electronics, dentistry, medicine, chemical processes, and hydrogen purification.
Other significant palladium mines can be found in South Africa, and about 40% of palladium is produced in Russian mines. In the US, only one mine produces palladium; it’s the Stillwater mine in Montana, while the only palladium mine in Canada is the Lac des Iles mine in Ontario.
Currently trading at $2,850 per troy ounce, palladium’s price has almost tripled from its low point of $1,000 in 2018. Despite the decline in the gas-powered vehicle sector, palladium stock prices have increased dramatically recently.
Best Online Brokers for Palladium Stocks
Foreign equities that you may trade through American Depository Receipts (ADRs), which enable you to own foreign stocks in the United States, are among Benzinga’s selections for palladium stocks. ADRs often trade on a significant stock market or over the counter (OTC).
If your broker needs to fill orders on the OTC market so you can trade the OTC stocks on our list, be sure to ask if they have access to the palladium stocks you want to invest in.
Features to Look for in Palladium Stocks
1. Kind of miner
Junior mining operations or large miners both produce supplies of palladium.
Junior miners: These miners rely on studies of feasibility and the subsequent actions that follow a study. The junior miner’s stock increases significantly if the study yields encouraging findings. Before the project is finished, most junior miners sell their mines and stock to profit from their work.
Major miners: Major miners are those who have ongoing operations and rely on well-established mines for the production of palladium. The stock prices of significant miners typically reflect their stronger capitalization.
2. Fundamentals
The company’s fundamentals, like those of other companies that issue shares, can impact the capital growth of the stock. If the firm is now profitable, the amount of debt it has on the books and its prospects for the future may be used to predict whether the stock price will increase. Earnings per share and other stock fundamentals are good predictors of how well it will do.
3. Partnerships
The corporation’s relationship with foreign businesses that lease or permit access to its mines could be crucial to its success, given that most palladium is mined in South Africa and Russia. Geopolitical unrest may also impact production. Consequently, it should be considered when choosing a palladium mining stock.
Is Now the Right Time to Invest in Palladium Stocks?
The aforementioned equities have already had some significant increases recently, with PLG stock, as an example, rising by +161% over the course of the previous year. The single penny stock on this list, NMTLF, has experienced significant gains of 173% during the past 12 months.
Due in part to a severe supply deficit of palladium, one of the rarest precious metals with various uses expanding over time, most of these chosen palladium stocks have increased dramatically over the previous 12 months.
Due to palladium’s scarcity and continuous industrial usage, prudent investors may wish to wait for a market correction before purchasing these equities, even if they still likely represent a solid long-term investment overall.
FAQ- Best Palladium Investment Companies
1. Are palladium stocks a wise purchase?
If you conduct thorough research before investing, palladium stocks can be a terrific investment.
2. What exactly is palladium?
A rare earth material called palladium creates jewelry, electronics, and dental items.
3. What palladium stocks are the best?
See Benzinga’s recommendations for the top palladium stocks in the article above.
Final Thought – Best Palladium Investment Companies
The top palladium investment firms provide investors a risk-free and lucrative opportunity to participate in the palladium market. Investors can locate trustworthy businesses offering a variety of palladium investment choices by conducting thorough research.
Investing in palladium is a fantastic approach to diversifying your portfolio and guarding against inflation and other macroeconomic risks.