Florinus palladium price trackers allow measuring the palladium price in grams, ounces and kilograms. Palladium price per ounce (31.10 g) is most commonly used for the price of palladium. In the Florinus interactive price chart, you can compare prices all year round and beyond.
The value of palladium ingots and coins depends on the amount of metal in the product. Moreover, forging palladium products requires additional costs. Shipping costs and retail premiums also contribute towards palladium prices.
Palladium prices are updated at any time of the day. Although the palladium market is relatively calm, price fluctuations can be intense and unpredictable.
Our palladium coin variety includes 1 oz. maple leaf palladium coin (50 dollars) and 1 oz. ballerina palladium coin (25 rubles). Although these coins are legal tender, investors buy them rather for their metal and numismatic value.
The price of palladium blew up during recent years, experiencing a 50% increase in 2019. The price jump is driven by lower supply and rapidly growing demand, which has been going on for nine years. Supply can be turbulent due to the rarity of the metal itself. On top of that, palladium is mined only at very few locations in the world.
Like silver and gold, the price of palladium in the market is heavily dependent on supply and demand. Fluctuations in the price of palladium happen according to the same factors that affect precious metals: economic and political situations, inflation and etc.).
Palladium is traded all over the world, so for practical reasons, the price stays the same everywhere.
