Palladium Price Rises to USD 1,101 per Troy Ounce (Tuesday, April 9, 2024)

Yahoo Finance reports that the price of palladium today rose 6.02 percent to USD 1,101 per troy ounce. This price increase is significantly higher than the average price movement over the past week.

Palladium reached its highest jump this week on Tuesday, April 9, 2024, at 6.02 percent. However, it is down 0.18 percent compared to its year-to-date position.

The current situation completes the palladium price movement over the last two days, which has been in a downward trend.

Over the past week, the price of palladium has grown by 9.06 percent, with an average daily transaction price of USD 1,022.6 per troy ounce. Compared to the beginning of the year, the price of palladium has slowed by 0.18 percent. In fact, from its highest price this year at USD 1,103 per troy ounce, the price of palladium has fallen by 0.18 percent.

Annually, the average trading price of palladium over the past five years has been in 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 May 2023 at USD 1,480.85 per troy ounce.