Palladium Price
Current Palladium Spot Price (USD per ounce)
Palladium Price Performance
How the palladium price has moved across key timeframes. Change is calculated from the opening price of each period to the current live price.
| Timeframe | High | Low | Change |
|---|---|---|---|
| 1 Day | 1,648 usd | 1,571 usd | -3.86% |
| 1 Week | 1,711 usd | 1,571 usd | -4.25% |
| 1 Month | 1,845 usd | 1,572 usd | -7.91% |
| 3 Months | 2,190 usd | 1,476 usd | +4.01% |
| 1 Year | 2,190 usd | 890.66 usd | +62.73% |
| 5 Years | 3,444 usd | 850.00 usd | -40.30% |
| 10 Years | 3,444 usd | 522.85 usd | +167.87% |
Palladium Price per Ounce
The palladium price is quoted in USD per troy ounce internationally. Palladium is traded on the NYMEX and referenced by the LBMA Palladium Price. The per-ounce price is the standard benchmark for investment and industrial transactions.
View palladium price per ouncePalladium Price per Gram
The palladium price per gram is used for smaller transactions and industrial applications where precise quantities are required. Electronics, dentistry, and chemical catalysis often use gram-level measurements. Divide the per-ounce price by 31.1035.
View palladium price per gramPalladium Price per Kilo
The palladium price per kilogram is used by large industrial consumers, particularly automotive manufacturers purchasing palladium for catalytic converter production. Russia and South Africa are the dominant suppliers at this scale.
View palladium price per kiloData Sources & Methodology
Our palladium price data is sourced from the global spot market reference rate XPD/USD, the widely-quoted international benchmark for palladium priced in US dollars per troy ounce.
Prices are streamed once per minute during market hours and stored as 1-minute OHLC (open, high, low, close) bars. Longer timeframes are aggregated from this granular data, for example the “1D” view shows the last 24 hours, “1W” uses 30-minute bars, and yearly views use daily closing prices.
The precious metals spot market trades nearly 24 hours a day, 5 days a week (Sunday 5 PM ET to Friday 5 PM ET). During weekends and holidays the chart displays the most recent available prices. All times on this page are shown in your local timezone (UTC).
Palladium Price FAQ
- How much is 1 ounce of palladium worth today?
The palladium price fluctuates continuously during market hours. See the live palladium price above for the current value per ounce.
- What determines the palladium price?
Palladium prices are overwhelmingly driven by automotive demand, where it is used in gasoline vehicle catalytic converters to reduce harmful emissions. About 80% of palladium demand comes from this sector. Supply is concentrated in Russia (about 40%) and South Africa (about 35%), making it sensitive to geopolitical risk and mining disruptions.
- Why has palladium declined from its all-time highs?
Palladium peaked above $3,000/oz in 2022 due to supply fears from Russia-Ukraine sanctions. It has since declined as automakers accelerated substitution toward cheaper platinum in catalytic converters, electric vehicle adoption reduced combustion engine production, and increased recycling boosted secondary supply.
- What is the palladium spot price (XPD/USD)?
XPD/USD is the international spot benchmark for palladium priced in US dollars per troy ounce. The LBMA Palladium Price, set twice daily, is the key reference for physical settlements and contracts.
- How does the EV transition affect palladium?
Battery electric vehicles (BEVs) do not use catalytic converters and therefore require no palladium. As the global auto fleet shifts toward electrification, long-term palladium demand is expected to decline. However, hybrid vehicles still use catalytic converters, and the transition timeline varies significantly by region.
- Can platinum substitute for palladium?
Yes. Automakers have been developing and deploying tri-metal catalytic converters that partially replace palladium with platinum. This substitution accelerated when palladium prices far exceeded platinum. It is estimated that 1.5 million ounces of palladium demand could be displaced by platinum over the coming years.
- How can I invest in palladium?
Options include physical palladium bars and coins (less common than gold/silver), palladium ETFs such as Aberdeen Standard Physical Palladium Shares (PALL), PGM mining stocks (Sibanye-Stillwater, Nornickel), and NYMEX futures. Palladium's small, concentrated market makes it the most volatile of the four major precious metals.
- How is the palladium price per gram calculated?
Palladium is quoted per troy ounce internationally. One troy ounce equals 31.1035 grams. Divide the ounce price by 31.1035 for the gram price.
- How often is the palladium price updated on this page?
Our palladium price data is streamed once per minute from the XPD/USD spot rate during market hours. The chart updates automatically via a real-time connection.
The prices displayed are for informational purposes only. Use of this page is at your own risk. We accept no liability for errors.
