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Yahoo Finance reports that the price of palladium today fell 0.06 percent to USD 930.5 per troy ounce. This price drop is relatively significant compared to the average price movement over the past week.
Yesterday, palladium prices reached their highest point on Wednesday, September 4, 2024, before falling 0.06 percent. Trading since the beginning of the year has shown a continuous decline, with year-to-date (YTD) growth down 15.64 percent.
The current situation is similar to the upward trend in palladium prices over the past three days.
Over the past week, palladium prices have grown by -1.64 percent, with an average daily transaction price of USD 949.69 per troy ounce. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the price of palladium has decreased by -15.64 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 been in a downward trend. Meanwhile, monthly price monitoring shows a downward trend in transactions over the past 12 months. The highest average monthly price for palladium was recorded in October 2023 at USD 1,146.07 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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