How much is 1 gram of palladium worth?

Internationally, the palladium price, set by the LBMA London (London Bullion Market Association) or the LME , has a significant influence on the value of fine palladium. Auctions for both palladium and palladium take place twice daily, once in the morning from 9:45 a.m. and once in the afternoon from 2:00 p.m. (London time). Once the price of palladium is determined, the palladium auction begins.

It is important to note that the price of palladium is quoted in US dollars per troy ounce. To determine the GBP palladium price for 1 gram, the weight and the dollar-pound exchange rate must be taken into account. With GOLD AVENUE this conversion takes place automatically.