Palladium Price Falls for the Past Four Days

Palladium prices fell in transactions on Monday, August 5, 2024. Today's palladium price traded at USD 842 per troy ounce. This is lower than the previous day's trade, which was at USD 879 per troy ounce. This condition completes the downward trend of palladium prices over the past four days.

Over the past week, palladium prices have fallen by -5.71 percent, with an average daily transaction price of USD 882.63 per troy ounce. Compared to the price at the beginning of the year, the palladium price has fallen by -23.66 percent. From its highest price this year of USD 1,103 per troy ounce, the palladium price has fallen by 23.66 percent.

Annually, the average palladium price trade over the past five years has shown a downward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decline. The highest average monthly price of palladium was recorded in September 2023 at USD 1,230.32 per troy ounce.