Palladium has been selling for under $800.00 an ounce for a little
while now. In my latest invoice from a major casting house the price
difference per pennyweight of 18 K palladium white gold vs.
traditional white gold is $2.00 per pennyweight ($14.71 vs $12.71
respectively). So, I wouldn’t say that it is an overly expensive
material, especially since 90/10 iridium/platinum is going for almost
The real cost of using palladium alloys is hidden. Refiners do not
pay out well for the palladium in your scrap. Some pay out 50% of
the market value, others will only return the metal to you after it
is refined. Make sure you figure this in the cost of your
Still, it is important to remember that most gold alloys are not a
straight gold/palladium mix. Other metals are combined including
metals such as silver and copper. So, an ounce of 18K pw will have
much less than a quarter ounce of palladium. For this reason I would
assume that 14 Kpw would be relatively more costly that 18 Kpw since
there is proportionally more alloy to gold in the mix.