Palladium in my Gold IRA - Worth it?

• •I've been heavily invested in physical gold for a while now, primarily through my Gold IRA, and it's served me incredibly well.
• •Gold has been the bedrock, obviously, but I've been kicking around the idea of adding some palladium to the mix.
• •My advisor brought it up a few months back, and initially, I was a bit hesitant.

I've been heavily invested in physical gold for a while now, primarily through my Gold IRA, and it's served me incredibly well. I'm hitting that sweet spot in my career as a doctor here in Boston, and with a portfolio hovering somewhere between the high six-figures and a cool million, I'm always looking at ways to maintain that diversification and hedge against inflation. Gold has been the bedrock, obviously, but I've been kicking around the idea of adding some palladium to the mix.

My advisor brought it up a few months back, and initially, I was a bit hesitant. It just felt like a less understood, almost "boutique" precious metal compared to gold and silver. But the more I read about its industrial applications, especially in catalytic converters, the more intrigued I've become. The supply constraints and demand outlook for palladium seem pretty compelling. I’m not talking about putting a huge chunk of my portfolio into it – maybe 5-10% of my precious metals allocation would be the max I'd consider.

The main thing holding me back is the volatility. Gold feels like a relatively stable, long-term play, even with its ups and downs. Palladium seems to have more dramatic swings, which frankly makes me a little nervous, especially as I start thinking more about retirement planning in the next 10-15 years. Is that volatility a feature or a bug in this market? Would it be a smart move to diversify further with palladium, or am I just chasing a trend?

Anyone else here have experience with palladium in their IRA? What are your thoughts on its role in a long-term, diversified portfolio? Specifically, for those of us who prioritize wealth preservation and inflation hedging, does palladium genuinely add value beyond what gold already provides, or is it more of a speculative play? Would love to hear some real-world perspectives on this.