Palladium Price Per Ounce
Palladium Prices Per ounce - Palladium Price
Palladium prices per ounce is a free service provided by Palladium Price OZ website, where shows current palladium price(including bid price and ask price) and palladium price history chart(London palladium fixing). Palladium price per ounce today is being updated once every 1 minutes.
Palladium Price Per Ounce
=
1190 US Dollar
Bid Price: $1190
Ask Price: $1230
Day's Range: $1190 - $1230
Prices Updated: Mar 21, 2024 at 13:05 NY Time
Palladium Price Per Ounce Charts
Palladium Price Per Ounce in US Dollar
Ounce | US Dollar | US Dollar | Ounce |
---|---|---|---|
1 Ounce = | 1190 USD | 1 USD = | 0.00084 Ounce |
2 Ounce = | 2380 USD | 2 USD = | 0.00168 Ounce |
5 Ounce = | 5950 USD | 5 USD = | 0.0042 Ounce |
10 Ounce = | 11900 USD | 10 USD = | 0.0084 Ounce |
20 Ounce = | 23800 USD | 20 USD = | 0.01681 Ounce |
25 Ounce = | 29750 USD | 25 USD = | 0.02101 Ounce |
50 Ounce = | 59500 USD | 50 USD = | 0.04202 Ounce |
100 Ounce = | 119000 USD | 100 USD = | 0.08403 Ounce |
1000 Ounce = | 1190000 USD | 1000 USD = | 0.84034 Ounce |
Troy Ounce VS Avoirdupois Ounce
Troy ounce - a mass unit for palladium
Troy ounce (abbreviated t oz) is a mass unit of troy weight system, is commonly used in measuring palladium and other precious metals. 1 troy ounce is equal to 31.1034768 grams, or 1/12 per troy pound. In fact, the London palladium fixing prices are fixed based on the unit of troy ounce; therefore, the palladium prices of this website use the unit of troy ounce.
Ounce - a mass unit, not for palladium
The avoirdupois ounce is commonly used as a unit of mass in the United States. It is defined as 1/16 of an avoirdupois pound, equal to 28.349523125 grams.
The difference between troy ounce and avoirdupois ounce
According to convert to gram, it is obviously that the troy ounce is heavier than the avoirdupois ounce, 1 troy ounce = 1.09714286 avoirdupois ounces. In additional, the troy ounce is used for precious metals and gemstones, whereas, the avoirdupois ounce is used in the daily life, rather than for measuring precious metals and gemstones.