Palladium Price Unchanged at USD 893.5 per Troy Ounce (Sunday, August 11, 2024)

Yahoo Finance reports that the price of palladium today is unchanged at 0 percent, reaching USD 893.5 per troy ounce. This price decrease is relatively significant compared to the average price movement over the last week.

Previously, palladium prices surged to their highest point on Tuesday, August 6, 2024, by 4.17 percent. However, trading since the beginning of the year has continuously declined, with year-to-date (YTD) growth down 18.99 percent.

Currently, the palladium price movement over the last 0 days shows a shrinking trend.

Over the past week, the price of palladium grew by 1.63 percent, with an average daily transaction price of USD 876.51 per troy ounce. As a result, throughout 2024, the price of palladium has fallen by 18.99 percent from its year-start position of USD 1,103 per troy ounce. In fact, from its highest price this year of USD 1,103 per troy ounce, the price of palladium has fallen by 18.99 percent.

Annually, the average trading price of palladium over the last five years shows a downward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decline. The highest average monthly price of palladium was recorded in September 2023 at USD 1,230.32 per troy ounce.