Palladium price over 10 years in USD per ounce
The chart above illustrates the palladium price per ounce 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.
10 years palladium price trends
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.
Palladium Price - 10 years (per ounce)
Palladium price per ounce
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.
Palladium price FAQ
- How much is 1 ounce of palladium worth today?
Current price of palladium is 1,402 usd per ounce.
- Why is palladium valuable?
Palladium is highly valuable due to its role in reducing harmful emissions in vehicles and its increasing demand in the automotive industry.
- What is Palladium used for?
Palladium is primarily used in catalytic converters for cars, but also has applications in electronics and dentistry.
