We have added two Valcambi palladium bars to our price tracking: the 100 gram minted bar and the 50 gram CombiBar. Both are produced by Valcambi, an LBMA-accredited refiner based in Balerna, Switzerland, and both carry .9995 fineness, the standard purity for investment-grade palladium.
Palladium is the least widely held of the four primary precious metals, and it trades differently than gold or silver. If you are considering adding it to your stack, here is what you need to know about these two products and the metal itself.
The Two Bars
Valcambi 100 Gram Palladium Bar. This is a standard minted bar containing 100 grams (3.215 troy ounces) of .9995 fine palladium. It measures 59.0 x 34.0 x 4.5 mm, comes sealed in a Valcambi certicard with a unique serial number and assayer’s mark, and features the Valcambi logo on both faces. At current palladium spot prices, the metal content alone is worth roughly $5,900. The bar format keeps premiums lower than comparable palladium coins, making it a straightforward way to hold a meaningful position in the metal.
Valcambi 50 Gram Palladium CombiBar. The CombiBar is Valcambi’s patented divisible bar format. It contains 50 grams (1.6075 troy ounces) of .9995 palladium, pre-scored into 50 individual 1 gram segments that can be separated by hand along clean break lines. Each segment is stamped with the Valcambi logo, weight, purity, and assayer’s mark. The full bar measures 74.0 x 52.5 x 1.3 mm and ships in a sealed PETG blister with a serial-numbered assay certificate. The CombiBar format trades at a higher per-gram premium than the solid 100 gram bar, but the divisibility gives you the option to sell or trade in smaller increments without cutting into a larger bar.
How Palladium Differs from Gold and Silver
Palladium is a platinum group metal (PGM), and it behaves more like an industrial commodity than a monetary metal. Over 80% of global demand comes from the automotive sector, where palladium is the primary catalyst in gasoline engine catalytic converters. That concentration means palladium prices are driven more by vehicle production cycles and emissions regulations than by central bank policy or investor sentiment.
Supply is equally concentrated. Russia and South Africa account for the vast majority of mined palladium, making the market vulnerable to geopolitical disruption. Annual mine output is a fraction of gold production. That tight supply helped push palladium above $3,000 per ounce in early 2022. Since then, the price has pulled back as automakers have begun substituting cheaper platinum into catalytic converters and as electric vehicle adoption has reduced long-term gasoline engine demand.
As of early August 2026, palladium spot is trading near $1,850 per ounce. That is well off its 2022 highs but above the sub-$1,000 levels some analysts projected for 2026. The metal remains volatile, and the spread between bid and ask on physical palladium is typically wider than on gold or silver.
Premiums and Liquidity
Physical palladium carries higher premiums over spot than gold or silver bullion of comparable size. That reflects lower production volumes, fewer competing products on the market, and thinner dealer inventories. The 100 gram Valcambi bar will typically trade at a lower per-ounce premium than the 50 gram CombiBar or any 1 oz palladium coin (including the American Palladium Eagle). The tradeoff is that a 100 gram bar is a larger single commitment at roughly $6,000 in metal value.
Liquidity is the main practical concern. Palladium bars are less widely traded than gold or silver bars, and not every local dealer will buy them back at competitive prices. Online dealers with dedicated palladium inventories tend to offer better buyback spreads. Before buying, it is worth confirming that your planned exit channel handles palladium.
Where Palladium Fits in a Portfolio
Palladium is not a substitute for gold or silver. It does not function as a monetary hedge the way gold does, and it does not have silver’s dual role as both an industrial and monetary metal. What it offers is exposure to a supply-constrained industrial metal with a different demand cycle. In periods where automotive production is strong and mine supply is tight, palladium can outperform the other precious metals by a wide margin. When the cycle turns, it can fall just as sharply.
For investors who already hold gold and silver and want to diversify into the platinum group metals, the Valcambi bars are a solid entry point. Valcambi’s LBMA accreditation means the bars are recognized globally, and the assay card packaging makes authentication and resale straightforward. The 50 gram CombiBar is the better choice if you want flexibility to sell in small increments. The 100 gram bar is the better choice if you are optimizing for the lowest premium per ounce of metal.
To compare current pricing on both bars, visit the Valcambi palladium collection page. For the lowest-premium palladium products across all brands, check closest to spot palladium.
Track live spot prices for all four metals here.
