Palladium Price This Morning Traded at USD 952.5 per Troy Ounce (Thursday, May 30, 2024)

Yahoo Finance reports that the price of palladium today fell 1.1 percent to US$952.5 per troy ounce. This price drop is relatively significant compared to the average price movement over the past week.

Throughout this week, the price of palladium saw its highest surge on Monday, May 27, 2024, at 2.88 percent. It has weakened by 13.64 percent compared to its year-to-date position.

The current situation is similar to the price movement of palladium in the last three days, which has been on an upward trend.

Over the past week, the price movement of palladium slowed by 7.47 percent, with an average daily transaction price of US$976.37 per troy ounce. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the price of palladium has fallen 13.64 percent. The highest trading value for palladium this year was US$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 decrease. The highest average monthly price of palladium was recorded in June 2023 at US$1,330.04 per troy ounce.