Palladium price over 6 months in USD per ounce
The chart above illustrates the palladium price per ounce over 6 months. 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.
6 months palladium price trends
Over the past six months, palladium prices have experienced continued downward pressure. As the automotive industry gradually transitions to electric vehicles, demand for palladium in catalytic converters has softened. While supply constraints and geopolitical risks still play a role, these factors are less influential given the weakening demand.
Palladium Price - 6 months (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 1,400 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.
