Palladium Price Falls to USD 888.5 per Troy Ounce (Friday, July 26, 2024)

Palladium prices fell on Friday, July 26, 2024. Today's palladium price traded at USD 888.5 per troy ounce, lower than the previous day's USD 894 per troy ounce. This continues the downward trend in palladium prices over the past two days.

Over the past week, palladium prices have fallen by -6.52 percent, with an average daily trading price of USD 904.03 per troy ounce. As a result, in 2024, palladium prices have decreased by -19.45 percent from their year-start position of USD 1,103 per troy ounce. The highest trading value for palladium this year was USD 1,103 per troy ounce, recorded on Monday, January 1, 2024.

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