Palladium is the new Platinum of the Jewellery world, with many couples now turning to the precious metal as a result of the rising cost of Platinum. According to leading Jewellery industry sources, almost half of all Wedding Rings being sold are now made out of Palladium - no surprise considering that the metal is almost identical in appearance to Platinum and has now been given its hallmark status. It is a fully deserving yet remarkably quick rise to prominence, with no mainstream jewelers using the metal just 5 years ago, a Palladium ring will cost no more than a third of the price of a Platinum wedding band.
Palladium Wedding Rings
Palladium is fast emerging as the first choice substitute for platinum, read why here!
It is often the groom who will insist on having a Palladium wedding ring to save costs, whilst the bride will more frequently push for the matching Platinum equivalent, however the global financial crisis has seen Palladium rings become an increasingly popular solution for the bride too. Having dealt with them personally, I can tell you that Palladium looks and feels identical to Platinum, whilst Palladium does not tarnish like the increasingly unpopular White Gold; Palladium is also hypo-allergenic so the perfect choice for those that suffer from sensitive skin conditions. Another benefit of an investment into a Palladium ring is the inevitable sharp increases in its price, with rising demand from the Jewelry industry pushing the price of this precious metal up to it's highest ever value.
Palladium Mens Wedding Bands
As mentioned, Palladium has primarily been a great success as an alternative for the groom whilst the bride is insistent on a Platinum band. The two metals are almost identical in their make up and part of the same small group of metals, something which the consumer appears to be rapidly accepting as more females take the leap. Tests have shown that consumers have been unable to tell the difference between identical sets of Platinum and Palladium rings, something which only becomes apparent upon inspection of the hallmark on the inside of the ring. A Palladium ring is the thinking mans choice, particularly when considering the likely appreciation in the rings value - with many predicting that this precious metal will soon reach similar prices to platinum.
Palladium Ladies Wedding Bands
Until recently sales of Palladium rings to the bride were slightly lower than those to grooms, particularly due to a lack of appreciation of just how rare and exclusive Palladium would become. Rapidly rising Platinum prices and the global recession means that we now seeing more and more brides switching to the best alternative in order to save costs and reinvest those savings into other aspects of their wedding day, or in some cases to enable a larger diamond to be encrusted into the band. Thankfully, the women have now woken up and smelt the coffee - Palladium is equal to Platinum, and your Palladium ring will appreciate in value much more than those designer handbags!
Palladium Diamond Wedding Bands
As mentioned above, often the reason for a couple opting for Palladium is for the ability to retain a diamond in the design or even choose a larger diamond. Palladium is a strong metal which is well suited for the incorporation of most stones and gems, including of course diamonds, with a constantly growing and increasingly diverse range of beautiful Palladium-Diamond rings appearing on the market.