Palladium Price Today Traded at USD 903 per Troy Ounce (Wednesday, July 24, 2024)

As of today, the price of palladium has dropped 0.67 percent to USD 903 per troy ounce. This decline is relatively significant compared to 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 (YTD) growth down 18.13 percent.

The current situation mirrors the downward trend in palladium prices observed over the past day.

Over the past week, palladium prices have fallen by -4.62 percent, with an average daily transaction price of USD 918.6 per troy ounce. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the price of palladium has fallen by 18.13 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 shown a downward trend. Meanwhile, monthly price monitoring over the past 12 months indicates a shrinking trend. The highest average monthly price for palladium was recorded in August 2023 at USD 1,237.83 per troy ounce.