Palladium Price Rises to USD 975.5 per Troy Ounce (Thursday, August 29, 2024)
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Yahoo Finance reports that the price of palladium today rose 4.45 percent to USD 975.5 per troy ounce. This price increase is considerably higher than the average price movement over the past week.
This week, palladium prices saw their highest surge on Thursday, August 29, 2024, at 4.45 percent. However, trading since the beginning of the year has been consistently down, with year-to-date growth falling 11.56 percent.
The current situation is similar to the palladium price movement in the last 24 hours, which is currently on an upward trend.
Over the past week, palladium prices have grown by 3.71 percent, with an average daily transaction price of USD 948.09 per troy ounce. Compared to its position 30 days ago, the price of palladium has grown by 9.12 percent. 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 trading price of palladium over the past five years has been on 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 September 2023 at USD 1,230.32 per troy ounce.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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