A versatile catalyst is formed when palladium is finely divided on carbon. As a catalyst, it can speed up de hydrogenation and petroleum cracking. Palladium, dispersed on a conductive material, also proves to be a very good electro catalyst to oxidize primary alcohols.
As a homogeneous catalyst, palladium can be used for highly selective chemical transformations. As a precious metal, palladium has been used in jewelry since the s as an alternative to platinum for making white gold, because of its naturally, white color. It is much lighter than platinum and similarly to gold, palladium can be made into a nm thin form. White gold is made as an alloy of gold with usually one of three metals: nickel, silver and palladium.
The alloy of palladium and gold is more expensive than nickel and gold, but seldom causes an allergic reaction. In recent years, palladium has been used as the principal metal in jewelry, because of the relative rise in price of gold and platinum. Especially China began fabricating significant amount of palladium jewelry and although the relative decline of the price of platinum has lowered, production still totaled One of the biggest applications of palladium in electronics is in the production of capacitors.
For these applications, palladium is used as an electrode. Connector plating in consumer electronics also require amounts of palladium, which sometimes is alloyed with nickel. The price of palladium is discovered through the supply and demand of this metal. Although palladium is considered a precious metal, its price is influenced mainly by its demand in the automobile industry. Therefore monitoring expectations for this industry can prove a significant indicator for future palladium prices.
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