Palladium Price Today Traded at USD 946 per Troy Ounce (Sunday, August 25, 2024)
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Yahoo Finance reports that the price of palladium today rose 0.37 percent to USD 946 per troy ounce. This price increase is relatively high compared to the average price movement over the past week.
This week, palladium prices saw their highest surge on Wednesday, August 21, 2024, reaching 2.92 percent. However, trading since the beginning of the year has shown a continuous decline, with year-to-date (YTD) growth down 14.23 percent.
The current situation confirms the upward trend in palladium prices over the past two days.
Over the past week, palladium prices have increased by 0.46 percent, with an average daily transaction price of USD 931.89 per troy ounce. Compared to the price at the beginning of the year, palladium prices have fallen by 14.23 percent. Furthermore, from its highest price this year of USD 1,103 per troy ounce, the price of palladium has decreased by 14.23 percent.
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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