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 in US Dollar
| Ounce | US Dollar | US Dollar | Ounce |
|---|---|---|---|
| 1 Ounce = | 1916 USD | 1 USD = | 0.00052 Ounce |
| 2 Ounce = | 3832 USD | 2 USD = | 0.00104 Ounce |
| 5 Ounce = | 9580 USD | 5 USD = | 0.00261 Ounce |
| 10 Ounce = | 19160 USD | 10 USD = | 0.00522 Ounce |
| 20 Ounce = | 38320 USD | 20 USD = | 0.01044 Ounce |
| 25 Ounce = | 47900 USD | 25 USD = | 0.01305 Ounce |
| 50 Ounce = | 95800 USD | 50 USD = | 0.0261 Ounce |
| 100 Ounce = | 191600 USD | 100 USD = | 0.05219 Ounce |
| 1000 Ounce = | 1916000 USD | 1000 USD = | 0.52192 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.