Customers can invest in either metal from 0.01 ounces. Based on prices on 7 August 2026, this was about S$23 for platinum and S$18 for palladium. Platinum is widely used in automotive manufacturing, hydrogen fuel cells and other industrial applications, while palladium is used in vehicle emissions-control systems. OCBC Group Research expects platinum and palladium spot prices to exceed US$2,000 and US$1,500 respectively by the first half of 2027. It is nonetheless important to recognise that platinum and palladium are high-beta metals.