Palladium Price This Morning Traded at USD 1,282 per Troy Ounce (Tuesday, July 25, 2023)

The price of palladium rose in transactions on Tuesday, July 25, 2023. Today's palladium price trading was recorded at USD 1,282 per troy ounce. This figure is higher than the previous day's trading, which was at USD 1,274.5 per troy ounce. The current situation is similar to the previous movement of palladium prices, which are in an upward trend.

Over the past week, palladium price movements grew by 0.23 percent, with an average daily transaction price of USD 1,289.64 per troy ounce. Compared to its position 30 days ago, the movement of palladium prices has slowed by 7.2 percent. This year, the highest trading value for palladium commodities was transacted at USD 1,809 per troy ounce, which occurred on Friday, January 6, 2023.

Annually, the average palladium price trading 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 decline. The highest average monthly price for palladium commodities was recorded in August 2022 at USD 2,126.53 per troy ounce.