Palladium Prices

The current price of Palladium is $50.60 per gram.

Please note that the price provided above is the retail price for private investors and is aligned with industry retail pricing. For bulk palladium purchases, whether investment or industry, please contact us directly for a quotation.

Table: Palladium Historical Prices and Price Changes

Date	Palladium Price	Change % to Today	Annual Change %
Dec 08 2025	$50.60 / g
Jan 1 2025	$31.74 / g	+59.44%
Jan 1 2024	$41.29 / g	+22.55%	-23.13%
Jan 1 2023	$63.67 / g	–20.53%	-35.15%
Jan 1 2022	$69.49 / g	–27.18%	-8.38%
Jan 1 2021	$82.89 / g	–38.96%	-16.17%
Jan 1 2020	$67.20 / g	–24.70%	+23.35%
Jan 1 2019	$44.97 / g	+12.51%	+49.43%
Jan 1 2018	$37.85 / g	+33.69%	+18.81%

Palladium Historical Price Movement

At today’s price of $50.60 per gram, palladium has changed +59.44% so far this year and lost +22.55% since the start of 2024. Since Jan 1st 2022, it has lost –27.18%.

Compared to its price of $67.20 per gram on Jan 1st 2020, palladium has lost –24.70% today. If we go back further to Jan 1st 2018, when the cost of one gram of palladium was $37.85, then this strategic precious metal’s price changed +33.69%.

In order to forecast palladium’s future price direction, let’s explore its various applications and where it’s produced (click here to jump to the forecast).

Palladium is a lustrous, silvery-white metal part of the platinum group metals. It’s known for its ductility, malleability, and ability to withstand oxidation and corrosion. It has the chemical symbol Pd and an atomic number of 46.

Palladium Uses

Palladium’s primary use is in the automotive industry, where it plays a crucial role in manufacturing catalytic converters. These devices reduce the harmful emissions from vehicles, making palladium an essential element for environmental protection. Interestingly, about 85% of palladium’s demand comes from this sector, underlining its importance in automotive manufacturing.

Palladium could also be used in fuel cells as an electrode material and in hydrogen cars as a storage material for hydrogen in the future.

In the field of electronics, palladium is used in various components, such as multilayer ceramic capacitors, which are integral to consumer electronics. Its excellent electrical conductivity makes it valuable for plating electronic components.

Palladium also finds application in dentistry, where it’s used for dental alloys due to its biocompatibility and strength. These qualities make it an excellent choice for dental restorations and equipment.

In the jewelry industry, palladium is appreciated for its natural white color, which does not tarnish over time. Its use in fine jewellery, including rings and watches, has been increasing, offering an alternative to platinum and gold.

Did you know? Palladium was discovered in 1803 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired when she slew Pallas.

Where is Palladium Produced?

Russia and South Africa are the world’s largest producers of palladium, accounting for more than 80% of the worldwide production. These countries hold significant reserves of this strategic precious metal, thereby playing a critical role in its global availability and price. Canada, Zimbabwe, and the United States also contribute to global palladium production.

Since the pure palladium deposits are already largely exhausted, mining is concentrated on extraction together with other metals such as nickel, copper, lead, or platinum.

In 2022, global palladium production was approximately 210 metric tons, with a further 90 tons recovered via recycling, mainly from automotive catalysts, covering the annual demand. Demand has consistently outstripped supply in recent years, so the market has reacted with enormous price increases.

Interesting Palladium Fact It is a rare element in the Earth's crust, with an abundance of about 0.015 parts per million. This rarity contributes to its high value.

What Factors Determine the Price of Palladium?

A combination of supply and demand dynamics influences palladium prices. The automotive industry’s demand significantly impacts its price. As emission standards become more stringent globally, the demand for palladium in catalytic converters rises, pushing its price higher.

Supply-side factors include mining output from major producers like Russia and South Africa. Political and economic stability in these regions can greatly affect the availability and price of palladium. Additionally, the recycling rate of palladium from used catalytic converters also plays a role in determining its market price.

Did you know? Palladium is not only used in various industries but also considered a valuable investment asset. It has been used in coinage and is held in reserve by some governments.

Palladium Price Forecast

Palladium demand continues to be strong, anchored by the automotive industry, where it remains essential for catalytic converters. Despite the long-term shift toward electric vehicles, global combustion-engine production is still substantial, especially in emerging markets. With China and India mandating catalytic converters across all vehicle classes, this structural demand remains firm.

Use cases beyond autos are also quietly expanding. Palladium’s role in electronics, sensors, and various chemical processes continues to support baseline industrial consumption. In the medium term, fuel-cell technologies may add another layer of strategic demand should adoption accelerate.

On the supply side, palladium remains vulnerable to geopolitical and operational risks. Most primary production is concentrated in Russia and South Africa, two regions prone to mine-level disruptions, power constraints, and political uncertainty. Any disturbance tends to ripple quickly into global pricing, a reminder of how tight this market can be.

After hitting a seven-year low at $31.74 per gram at the start of 2025, palladium has staged a sharp recovery and is currently up +59.44% year-to-date. Even with this rebound, prices today remain well below the highs seen in 2021, suggesting that the metal still has room to move higher as the market normalises.

Interesting Palladium Fact It has properties comparable to platinum; therefore, it is often referred to as platinum's little brother. However, it is harder, more resistant, and particularly color-fast.

How to Buy Palladium

Investors interested in palladium can purchase it in physical form, such as bars or coins. It’s crucial to ensure the authenticity and purity of palladium products, so buying from reputable dealers is recommended.

As one of the world’s leading metals dealers, our certified palladium meets the highest industry standards (min. 99.95% Major Brand), ensuring every ounce is genuine. We’re a pivotal intermediary trusted by all major industry buyers like BMW, Ford, and Honda. We also offer investors the option to safely store their palladium holdings in our high-security storage bunker.

Palladium futures contracts are another avenue for investment. These contracts allow investors to speculate on the future price of palladium, offering a way to hedge against market volatility. They can be traded on various commodity exchanges worldwide.

How to Sell Palladium

When selling palladium, verifying its purity is essential. Getting the metal assayed helps determine its value and assures potential buyers of its quality.

Partnering with a reputable dealer can simplify the selling process for those who own palladium, especially in large quantities or as part of an investment portfolio. Investors who buy and store their palladium holdings with us benefit from our strong industry connections, meaning they can quickly liquidate their assets at the best possible market rate.

Did you know? Unlike other metals, palladium rarely causes allergic reactions, making it suitable for use in medical and dental devices.

All prices on this page last updated Dec 08 2025.