On April 7, 2022, palladium prices rose to just over 2,200 U.S. dollars per ounce, up 42 U.S. dollars day-over-day. This comes as Russia invaded Ukraine, and G7 countries committed to economical sanctions on the invading country. Russia was the leading exporter of palladium worldwide in 2020, with Moscow-based Norilsk Nickel dwarfing all other palladium producers two years earlier. This market development comes in the midst of the automotive semiconductor shortage, while most palladium is used in catalytic converters for cars.
Daily palladium closing price throughout the war in Ukraine
(in U.S. dollars per ounce)
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Business Insider. (April 8, 2022). Daily palladium closing price throughout the war in Ukraine (in U.S. dollars per ounce) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1293070/daily-global-palladium-prices-and-volume/
Business Insider. "Daily palladium closing price throughout the war in Ukraine (in U.S. dollars per ounce)." Chart. April 8, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1293070/daily-global-palladium-prices-and-volume/
Business Insider. (2022). Daily palladium closing price throughout the war in Ukraine (in U.S. dollars per ounce). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1293070/daily-global-palladium-prices-and-volume/
Business Insider. "Daily Palladium Closing Price throughout The War in Ukraine (in U.S. Dollars per Ounce)." Statista, Statista Inc., 8 Apr 2022, https://www.statista.com/statistics/1293070/daily-global-palladium-prices-and-volume/
Business Insider, Daily palladium closing price throughout the war in Ukraine (in U.S. dollars per ounce) Statista, https://www.statista.com/statistics/1293070/daily-global-palladium-prices-and-volume/ (last visited December 23, 2024)
Daily palladium closing price throughout the war in Ukraine (in U.S. dollars per ounce) [Graph], Business Insider, April 8, 2022. [Online]. Available: https://www.statista.com/statistics/1293070/daily-global-palladium-prices-and-volume/
