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 =||1240 USD||1 USD =||0.00081 Ounce|
|2 Ounce =||2480 USD||2 USD =||0.00161 Ounce|
|5 Ounce =||6200 USD||5 USD =||0.00403 Ounce|
|10 Ounce =||12400 USD||10 USD =||0.00806 Ounce|
|20 Ounce =||24800 USD||20 USD =||0.01613 Ounce|
|25 Ounce =||31000 USD||25 USD =||0.02016 Ounce|
|50 Ounce =||62000 USD||50 USD =||0.04032 Ounce|
|100 Ounce =||124000 USD||100 USD =||0.08065 Ounce|
|1000 Ounce =||1240000 USD||1000 USD =||0.80645 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.