Current Palladium Price
Palladium · USD/oz
Spot price, 02.11.2026
Low: $987 (2 Nov 2026) · High: $1,067 (26 Oct 2026)
Low: $987 (2 Nov 2026) · High: $1,197 (4 Oct 2026)
Low: $987 (2 Nov 2026) · High: $1,446 (30 Aug 2026)
Low: $987 (2 Nov 2026) · High: $2,096 (26 Jan 2026)
Low: $986 (2 Nov 2026) · High: $1,084 (26 Oct 2026)
Low: $986 (2 Nov 2026) · High: $1,212 (5 Oct 2026)
| Period | Change | % |
|---|---|---|
| 1 day | −$25 | -2.5% |
| 7 days | −$80 | -7.5% |
| 30 days | −$205 | -17.2% |
| 90 days | −$345.32 | -25.9% |
| 1 year | −$470.30 | -32.3% |
Low and high (1 year): $987 – $2,096
Price at the end of each year
Price of one ounce of palladium in USD at the last quote of each year, and the change from the previous year.
| Year | Price per ounce | Change |
|---|---|---|
| 2026 (today) | $987 | −38.4% |
| 2025 | $1,601 | +76.6% |
| 2024 | $906.85 | −20.2% |
| 2023 | $1,137 | −37.6% |
| 2022 | $1,822 | −7.1% |
| 2021 | $1,961 | −19.9% |
| 2020 | $2,450 | +28.0% |
| 2019 | $1,914 | +51.4% |
| 2018 | $1,265 | +17.9% |
| 2017 | $1,073 | – |
Source: gold-api.com (daily average spot price in USD on the last trading day of the year); other currencies converted at the National Bank of Poland mid rate on that day; current year: spot price from the Metals Radar price service.
Other precious metals
Spot price per ounce and the change since the previous quote.
Monitor the price of palladium with Metals Radar’s live palladium price chart. Our palladium charts are refreshed every few minutes to give you the most up-to-date prices when buying or selling palladium. We automatically display palladium’s live spot price in US dollars per oz, but you can also view the chart in your local currency.
Palladium is a precious metal that’s 30x rarer than gold and more durable than platinum. The shiny metal is used in many industries, including jewelry and car manufacturing. Investing in palladium on the New York Mercantile Exchange (NYMEX) has become increasingly popular in recent years, but like any other commodity, its prices can fluctuate up and down often. It pays to keep an eye on its movements to spot ideal opportunities to buy or sell palladium.
Come back to this chart to track palladium spot prices and assess the value of your investments. You can also view historical data on palladium prices by toggling the chart to display performance over the last quarter, month, year, five years, and 20 years.
What is the palladium ‘spot price’?
The palladium spot price refers to the current price of palladium in international markets. In other words, the spot price is how much it costs in US dollars to buy one troy ounce of palladium.
What’s a troy ounce?
Palladium and other precious metals are measured in troy ounces. A troy ounce is slightly heavier than a regular ounce, weighing 31.1035 grams compared to 28.3495 grams. One kilogram is equivalent to 32.15 troy ounces.
Who sets the price of palladium?
The main palladium benchmark is the LBMA Palladium Price, set twice each London business day in an auction administered by ICE Benchmark Administration (IBA). Together, these organizations set the LBMA Palladium Price twice a day and these prices are used as benchmarks for the trading of palladium across the world. Palladium dealers then base the price of their products on the spot price, potentially adding a premium depending on the type of palladium bullion being bought and sold.
Glossary: Spot Price · Troy Ounce · LBMA Good Delivery
Frequently asked questions about the palladium price
What does the palladium price depend on?
The palladium price depends mainly on demand for catalytic converters in gasoline (petrol) cars and on supply from a few producing countries.
What is the difference between the spot price and the price of a coin or bar?
The spot price is the wholesale price of one ounce of pure metal. Dealers sell coins and bars at a premium that covers minting, distribution and their margin. Metals Radar compares these premiums across many dealers.
How often is the price on this page updated?
The Metals Radar price service updates the spot price every 15 minutes. The chart shows one price per day: the last quote of the day.
What was the price of an ounce of palladium at the end of 2025?
At the last quote of 2025 (31.12.2025), an ounce of palladium cost $1,601, a change of +76.6% compared with the end of 2024.