Palladium is a chemical element with the chemical symbol Pd and an atomic number of 46. It is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston. If the advice to buy palladium sounds a bit weird to you, consider the fact that the value of gold generally rises especially during recession and most experts have predicted a gold crisis in the future. So, investing in gold could leave you stranded, in case the market plummets. But if you consider an alternative investment, you should definitely buy palladium and broaden your investment portfolio.