COMEX (COMEX) · USD
| Market | Price (USD/oz) | Status |
|---|---|---|
|
COMEX
viewing
COMEX · US
|
$1,591.41
08 Jan
|
Closed |
|
Global Market
GLOBAL · XX
|
$1,818.00
per oz
|
Open |
Palladium is a rare precious metal used primarily in automotive catalytic converters to reduce emissions, and also finds applications in electronics, dentistry and industrial catalysts. Its price is driven by strong industrial demand from the auto sector, constrained and geographically concentrated supply (often produced as a by‑product), recycling rates and substitution potential with platinum, plus macro factors such as currency moves and investor flows that contribute to volatility.