A catalyst comprising a catalyst metal disposed on a a catalyst support, the catalyst support being a mixed metal oxide comprising a homogeneous, nanocrystalline, mixed metal oxide of cerium and at least one other metal constituent selected from the group consisting of Zr, Hf, Nb, Ta, La, Pr, Nd, Sm, Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu, Mo, W, Re, Rh, Sb, Bi, Ti, V, Mn, Co, Cu, Ga, Ca, Sr and Ba, said mixed metal oxide having a surface area of at least about 150 m2/g, an average crystallite size less than 4 nm and agglomerated to form a skeletal structure with pores, average pore diameters being greater than 4 nm and normally being greater than the average crystallite size, and wherein the surface area of the skeletal structure per volume of the mixed metal oxide is greater than about 320 m2/cm3, the catalyst consisting of a highly dispersed metal, including at least a noble metal, loaded on the mixed metal oxide and having a concentration in the range of about 0.1 to about 6.0 percent by weight.