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 ounce over 1 month. 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.
A one-month trend in palladium prices reflects changes in global industrial demand, particularly from the automotive sector. Supply constraints and mining output also play a significant role in determining prices over this period.
Palladium is primarily measured in troy ounces, especially in the automotive industry, where it is used in catalytic converters. Ounces are also the preferred unit for palladium investments, particularly in the United States and Europe.
Current price of palladium is 1,105 usd per ounce.
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.