Disclaimer: Information on GoldSilverAI is for educational purposes only and is not intended as financial advice. Consult a professional advisor before making investment decisions.
Disclaimer: Information on GoldSilverAI is for educational purposes only and is not intended as financial advice. Consult a professional advisor before making investment decisions.
The chart above illustrates the palladium price per gram over 10 years. Click on the buttons in the upper left corner to find information on the palladium price across various time frames, from live updates to historical palladium price data. Typically, the palladium price is shown in troy ounces by default, but via the buttons in the upper right corner we also offer options to display the price in grams and kilograms.
Over the past decade, palladium prices have seen dramatic highs and lows. In the early part of the decade, strong demand from the automotive industry and supply shortages led to a significant price surge. However, recent years have seen a reversal as electric vehicles reduce the need for palladium, and recycling efforts increase. Long-term trends now reflect a shift away from palladium in favor of alternative materials, like platinum and electric vehicle technologies.
Grams are commonly used to measure palladium in regions that follow the metric system. This unit is popular in industrial sectors, where palladium is used in smaller quantities for electronics and chemical applications.
Current price of palladium is 32.56 usd per gram.
Palladium is highly valuable due to its role in reducing harmful emissions in vehicles and its increasing demand in the automotive industry.
Palladium is primarily used in catalytic converters for cars, but also has applications in electronics and dentistry.