Palladium Price History

Palladium price milestones

Palladium spent much of the 1990s below $200 before Russian supply disruptions drove a spike toward $1,100 in 2001 — followed by a collapse just as swift. The defining run came later: tightening emissions rules forced gasoline-car makers to load converters with palladium, and years of supply deficits drove the price to a record near $3,400 in March 2022 amid fears for Russian supply.

The retreat since has been just as characteristic: substitution toward cheaper platinum and the rise of electric vehicles, which need no catalytic converter at all, brought palladium back below $1,000 by 2024. Few major commodities have round-tripped so far, so fast.

Reading palladium performance

The table above summarises how the Palladium price has moved over each window using open, high, and low values, with the percentage change from the start of the period to now. Short windows reflect recent volatility, while the 1-year and 5-year rows show the longer-term trend. Historical performance is descriptive, not predictive — it summarises the past rather than forecasting the future.

For the live price and what drives it, see the Palladium overview, or open the interactive palladium chart. Nothing here is financial advice — see our disclaimer.