Palladium Price Rises to USD 917.5 per Troy Ounce (Wednesday, July 31, 2024)
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Palladium prices rose on Wednesday, July 31, 2024. Today's palladium trading price is recorded at USD 917.5 per troy ounce. This is higher than the previous day's trading price of USD 878 per troy ounce. This current condition is similar to the palladium price movement in the last day, which is in a downward trend.
Over the past week, palladium prices have grown by 0.92 percent, with an average daily transaction price of USD 896.46 per troy ounce. As a result, throughout 2024, palladium prices have shrunk by -16.82 percent from the beginning-of-year position of USD 1,103 per troy ounce. The highest trading value for palladium this year was USD 1,103 per troy ounce, which occurred on Monday, January 1, 2024.
Annually, the average palladium trading price over the past five years has been in a downward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decline. The highest average monthly price for palladium was recorded in August 2023 at USD 1,237.83 per troy ounce.
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