|

Palladium price Friday: Palladium broadly unchanged, according to FXStreet data

Most recent article: Palladium price today: Palladium falls, according to FXStreet data

Palladium prices (XPD/USD) broadly unchanged on Friday, according to FXStreet data. Palladium trades at $926.24 per troy ounce, broadly unchanged 0.04% from the $925.91 it cost on Thursday.

Palladium prices have decreased by 16.01% since the beginning of the year.

Unit measurePalladium Price Today in USD
Troy Ounce926.24
1 Gram29.78

The Gold/Palladium ratio, which shows the number of ounces of Palladium needed to equal the value of one ounce of Gold, stood at 2.62 on Friday, broadly unchanged from 2.62 on Thursday.

(An automation tool was used in creating this post.)

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

USD/JPY under heavy bearish pressure, closes in on 155.00

USD/JPY remains under persistent selling pressure and trades well below 156.00 in the second half of the day on Thursday. Hawkish BoJ expectations and intervention risks continue to lend support to the Japanese Yen and weigh on the pair as investors await August ISM Services PMI data from the US.

AUD/USD ranges above 0.7150 despite upbeat Chinese PMI

AUD/USD struggles to capitalize on the previous day's bounce from a nearly two-week low and ranges above 0.7150 in Asia on Thursday, as dismal Australian trade data counter upbeat China's RatingDog Services PMI. However, the pair's upside remains in check as the US Dollar stalls the weak ADP report-led slide amid escalating US-Iran tensions and firming September Fed rate-hike bets.

Gold rallies over 2% as US Dollar and Treasury yields retreat

Gold extends its rebound on Thursday after slipping below $4,300 to a nearly four-week low on the previous day. A sharp rally in the JPY weighs on the USD, while a pullback in US Treasury yields provides additional support to the precious metal.

XRP defends key support, XLM awaits breakout as derivatives strengthen
Ripple (XRP) and Stellar (XLM) show divergent technical outlooks as traders assess whether the recent weakness could give way to a recovery. XRP is finding support and defining a key support zone, while XLM slips below a cluster of Exponential Moving Averages (EMAs).
ISM Services PMI Preview: US service sector expected to expand in August

On Thursday, we’ll get the latest read on the US service sector when the Institute for Supply Management publishes its August gauge. Consensus points to a marginal improvement to 54.3 from July’s 54.1. If confirmed, the reading would reinforce the sector’s resilience and offer a modest boost to confidence in the broader economy. The ISM will publish the Services Purchasing Managers Index (PMI) on Thursday at 14:00 GMT.

Diesel’s record $100 warning: The oil shock hiding in plain sight

The Oil market may look calmer than it did a few months ago, but diesel is sending a very different message. The US diesel crack spread, the premium of ultra-low sulphur diesel futures over WTI, recently surged above $100 per barrel for the first time, reaching an intraday record of just over $102.00.