Palladium in my Gold IRA - anyone else considering it?

• •Been thinking a lot about diversifying the precious metals portion of my Gold IRA, specifically looking at palladium.
• •My gold and silver have treated me well, especially since 2020, but palladium's been on my radar more and more.
• •I also know there's a supply crunch sometimes, particularly coming out of Russia.

Been thinking a lot about diversifying the precious metals portion of my Gold IRA, specifically looking at palladium. I’ve had a good chunk of my retirement savings in physical gold and silver for years – probably around 30% of my overall portfolio, which is in the high 300s these days. As someone who’s spent their entire career in steel down here in Birmingham, I naturally lean towards hard assets and understand commodities pretty well.

My gold and silver have treated me well, especially since 2020, but palladium's been on my radar more and more. I know the auto industry's demand for catalytic converters drives a lot of its price, and with the push for more stringent emissions, that demand isn't disappearing overnight, even with EVs gaining traction. I also know there's a supply crunch sometimes, particularly coming out of Russia. What’s everyone’s take on adding palladium to a Gold IRA? Is it a smart move for someone already heavily invested in other precious metals, or am I just getting caught up in the hype?

I’m not looking to move mountains here, probably just a 5-10% allocation out of my existing gold holdings initially, maybe $20-30k. My main concern is balancing the potential for higher returns with the volatility. It feels like palladium can shoot up fast, but also drop just as quickly. Has anyone here actually pulled the trigger and added palladium to their IRA? What's your experience been like, good or bad? Any particular custodians that are better for palladium specifically?

Also, with the talk about a potential recession and continued inflation, does adding another industrial metal seem counterintuitive to a "safe haven" strategy that gold traditionally offers? Or is its scarcity and industrial utility enough to make it a defensive play too? Would love to hear some thoughts from others who are looking at this from a similar long-term retirement perspective.