Palladium Price Falls to USD 884.9 per Troy Ounce (Friday, July 26, 2024)

As of today, July 27, 2024, the price of palladium has dropped 1.02 percent to USD 884.9 per troy ounce. This decrease is significantly higher than the average price movement over the past week.

Palladium prices saw their highest surge this week on Tuesday, July 23, 2024, reaching 2.24 percent. However, trading since the beginning of the year has shown a continuous decline, with year-to-date growth down 19.77 percent.

The current situation confirms the downward trend in palladium prices over the past two days.

Over the past week, palladium prices have fallen by 6.9 percent, with an average daily transaction price of USD 903.51 per troy ounce. Compared to its position 30 days ago, the price of palladium has increased by 0.45 percent. The highest trading value for palladium this year was USD 1,103 per troy ounce, recorded on Monday, January 1, 2024.

Annually, the average trading price of palladium over the past five years has been on a downward trend. Monthly price monitoring over the past 12 months also shows a declining trend. The highest average monthly price for palladium was recorded in August 2023 at USD 1,237.83 per troy ounce.