Palladium Price Rises to USD 1,232.5 per Troy Ounce (Wednesday, August 2, 2023)

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Agus Dwi Darmawan 03/08/2023 11:18 WIB

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Palladium Price Over the Last Three Months

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Palladium Price Rises to USD 1,232.5 per Troy Ounce (Wednesday, August 2, 2023)

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Palladium Price Over the Last Three Months

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The price of palladium rose in transactions on Wednesday, August 2, 2023. Today's palladium price is recorded at USD 1,232.5 per troy ounce. This is higher than the previous day's trading price of USD 1,226.2 per troy ounce. This current situation is similar to the previous trend of palladium prices, which have been declining.

Over the past week, palladium price movements have slowed by 3.43 percent, with an average daily transaction price of USD 1,241.73 per troy ounce. As a result, throughout 2023, the price of palladium has fallen by 31.16 percent from its year-start position of USD 1,790.5 per troy ounce. The highest trading value for palladium this year was USD 1,809 per troy ounce, which occurred on Friday, January 6, 2023.

Annually, the average palladium trading price over the past five years has been declining. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decrease. The highest average monthly price for palladium was recorded in September 2022 at USD 2,114.7 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."