GoldPrice ConverterLoading live prices…
Live palladium spot price (XPD/USD) with 24-hour stats and history.
Record high reflects the highest price in our available data history.
How the palladium price has moved over time, shown in US Dollar per troy ounce.
| Period | Change (USD/oz) | % change |
|---|---|---|
| Today | -$ 5.00 | -0.40% ↓ |
| 1 Week | -$ 145.00 | -10.45% ↓ |
| 1 Month | -$ 275.00 | -18.13% ↓ |
| 6 Months | -$ 254.00 | -16.98% ↓ |
| 1 Year | +$ 187.00 | +17.73% ↑ |
| 5 Years | -$ 1,533.69 | -55.25% ↓ |
Percentages reflect the international palladium price (XPD/USD). Indicative data, not financial advice.
Palladium is a rare precious metal used overwhelmingly in industry, especially in catalytic converters for petrol engines. It is quoted per troy ounce in US dollars.
Because its demand is so concentrated in the automotive sector and its supply is limited, palladium can be one of the most volatile precious metals.
Palladium is essential to catalytic converters in petrol vehicles, tying it closely to that segment of car production.
Palladium is a by-product of platinum and nickel mining, so its supply is inelastic and prone to deficits.
A long-term shift to electric vehicles, which need no catalytic converter, is a key risk to palladium demand.
The palladium spot price is quoted in US dollars per troy ounce. To see it in your own currency, apply your exchange rate, then divide by 31.1035 (the grams in a troy ounce) for a per-gram figure.
The ₹83 rate is illustrative — the same method works for any currency, just swap in its exchange rate. Our converter and country pages do this automatically using live rates.
| Weight | Price |
|---|---|
| Per Gram | $ 39.93 |
| Per Tola | $ 465.75 |
| Per 10 Gram | $ 399.31 |
| Per Ounce | $ 1,242.00 |
| Per Kilo | $ 39,931.23 |
Palladium was discovered in 1803 by the English chemist William Hyde Wollaston, who named it after the asteroid Pallas. For much of its history it was an obscure cousin of platinum, used mostly in specialist applications.
Its moment came late in the 20th century, when tightening vehicle-emissions rules turned palladium into one of the most sought-after industrial metals on Earth — at times even more valuable than gold.
Palladium is among the rarest precious metals, produced largely as a by-product of platinum and nickel mining in Russia and South Africa. It is the least dense and lowest-melting of the platinum-group metals, and like platinum it resists corrosion and acts as a powerful catalyst.
Because its supply is inelastic — it cannot easily be mined on its own — and its demand is concentrated in a single industry, palladium is one of the most volatile of all precious metals.
Palladium’s overwhelming use is in catalytic converters for petrol-engine vehicles, where it transforms toxic exhaust gases into less harmful ones. It also appears in electronics, dentistry, “white gold” jewelry alloys, and as a catalyst in chemical manufacturing.
Its remarkable ability to absorb hydrogen — up to 900 times its own volume — makes palladium important in hydrogen purification and storage, a role that may grow with clean-energy technology.
Palladium trades per troy ounce in US dollars within the precious-metals market. Its price is driven almost entirely by automotive demand and tight, concentrated supply, making it highly sensitive to car production and, longer term, to the rise of electric vehicles that need no catalytic converter.
The vast majority of palladium goes into catalytic converters for petrol-engine vehicles, with smaller amounts in electronics and dentistry.
Its demand is concentrated in one industry and its supply is a limited by-product of other mining, so small imbalances cause large price moves.
Battery-electric vehicles do not use catalytic converters, so a faster EV transition would reduce palladium’s core demand over time.