Article About Palladium and Platinum in July 2009 Gold Prospectors Magazine

June 22nd, 2009 admin Posted in Products | Comments Off

In the current issue of gold prospectors magazine, Jill talks about the interesting and valuable qualities of both Palladium and Platinum.

If you are a gold panner, don't dismiss those shiny little silver nuggets. They may be silver, but they may be something worth much more. Hold onto those and check with an assayer. Although palladium is more rare to find, platinum can more often than not be found with gold. It is usually near nickel and iron, and can be easily seperated from other metals by removing those with a magnet.

An interesting fact I found in this article is platinum is more dense than gold with a gravity of 21.4 whereas gold is 19.3. Although gold and silver are more common, platinum is more rare and has more industrial value in many industries including science and automotive. Platinum and palladium can also be found in meteorites.

Palladium and platinum are very similar, but palladium melts more easy and is not quite as heavy as platinum. Another interesting thing about platinum is it is very hard to melt and was a big reason that prospectors back in the day didn't find the metal to be of great value!

In conclusion, check your silver nuggets when out prospecting as it may be either platinum or palladium which are worth much more.