Palladium price
PALL
1 007.6 USD
+5.50
(+0.55%)
PALL Key Statistics
Open price
1000.6
High today
1010.1
Low today
999.6
52 Week high
1256.6
52 Week low
811.6
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
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About PALL
The Palladium price serves as a significant benchmark in the precious metals market, particularly for investors and traders focusing on this narrow market. This metal's price reflects its industrial demand, especially in automotive catalysts, making it a critical commodity for market participants to monitor.
What is Palladium?
PALL, or Palladium, is a precious metal used extensively in manufacturing, particularly in automotive catalytic converters, electronics, and dentistry. The SimpleFX platform offers the possibility to learn more about how to trade PALL through a demo account. This feature allows practicing and developing trading strategies without financial commitment. A live account is tailored for novice traders due to the lack of minimum deposit. Additionally, the SimpleFX platform also provides the option of leveraging when transitioning to a live account.
How does Palladium work?
Investing in PALL entails understanding its demand in various industries, especially the automotive sector, which is crucial for manufacturing catalytic converters. While trading on the SimpleFX platform, individuals can utilize futures contracts to speculate on the future price movements of Palladium. Factors influencing the PALL price include industrial demand, mining supply constraints, and changes in automotive regulations that affect catalytic converter requirements. Navigating how to invest in PALL on the SimpleFX platform requires understanding these market dynamics and their potential impact on price trends.
