ELI5: Explain Like I'm 5

Palladium as an investment

Palladium is a metal that is sometimes used as an investment. Palladium is a rare metal that can be found inside rocks and used to make lots of different things, like jewelry and car parts. Because of its rarity, palladium can be expensive and its price can go up and down depending on how many people are buying and selling it. People can buy palladium and collect it, or they can invest in it, meaning they buy and hold onto it, in the hopes that its value will go up so they can sell it for more money than they bought it for.