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 =||1406 USD||1 USD =||0.00071 Ounce|
|2 Ounce =||2812 USD||2 USD =||0.00142 Ounce|
|5 Ounce =||7030 USD||5 USD =||0.00356 Ounce|
|10 Ounce =||14060 USD||10 USD =||0.00711 Ounce|
|20 Ounce =||28120 USD||20 USD =||0.01422 Ounce|
|25 Ounce =||35150 USD||25 USD =||0.01778 Ounce|
|50 Ounce =||70300 USD||50 USD =||0.03556 Ounce|
|100 Ounce =||140600 USD||100 USD =||0.07112 Ounce|
|1000 Ounce =||1406000 USD||1000 USD =||0.71124 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.