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
2257 US Dollar
Bid Price: $2257
Ask Price: $2407
Day's Range: $2243 - $2423
Prices Updated: Oct 26, 2020 at 09:05 NY Time
Palladium Price Per Ounce Charts
Palladium Price Per Ounce in US Dollar
|Ounce||US Dollar||US Dollar||Ounce|
|1 Ounce =||2257 USD||1 USD =||0.00044 Ounce|
|2 Ounce =||4514 USD||2 USD =||0.00089 Ounce|
|5 Ounce =||11285 USD||5 USD =||0.00222 Ounce|
|10 Ounce =||22570 USD||10 USD =||0.00443 Ounce|
|20 Ounce =||45140 USD||20 USD =||0.00886 Ounce|
|25 Ounce =||56425 USD||25 USD =||0.01108 Ounce|
|50 Ounce =||112850 USD||50 USD =||0.02215 Ounce|
|100 Ounce =||225700 USD||100 USD =||0.04431 Ounce|
|1000 Ounce =||2257000 USD||1000 USD =||0.44307 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.