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Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison. As of 2020, the most expensive non-synthetic element by both mass and volume is rhodium. It is followed by caesium, iridium and palladium by mass and iridium, gold and platinum by volume.
Palladium prices – US dollars per troy ounce. Global palladium sales were 8.84 million troy ounces (275 t) in 2017, [96] of which 86% was used in the manufacturing of automotive catalytic converters, followed by industrial, jewelry, and investment usages. [97] More than 75% of global platinum and 40% of palladium are mined in South Africa.
In 1973, metal dealers established "London Platinum and Palladium Quotation"—a forerunner of the fixings. The prices for platinum and palladium were settled twice a day on the spot market. In 1979, leading dealers from London and Zurich signed an agreement to standardize the origin and specifications of the metals of the good delivery quality.
FILE - The Stillwater Mining Company, the only platinum and palladium mine in the United States, is seen near Nye, Mont., May 2, 2013. (AP Photo/Matthew Brown, File) (ASSOCIATED PRESS)
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Spot palladium was last up 1.4% at $3,037.76 per ounce at 1033 GMT. ... Palladium attempted to consolidate off an all-time peak in volatile trading on Tuesday as the Russia-Ukraine crisis fuelled ...
This ore sample grades to around 2.5 ounces of Pd-Pt per ton of rock, with a Pd-Pt ratio of about 3:1. Another sample of Platinum-palladium ore from the Stillwater mine. The Stillwater mine and mill. Stillwater Mining Company (NYSE: SWC) is a palladium and platinum mining company with headquarters located at Littleton, Colorado, United States.
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