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palladium
Live Palladium Price
Sep 10, 2026 - 14:34 NY Time
1,264.00
ounce
1,264.00
-72.00
gram
40.64
-2.31
Kilo
40,639.17
-2,314.85
pennyweight
63.20
-3.60
tola
474.00
-27.00
tael
1,536.11
-87.50
Prices provided by Kitco Metals Inc., Montreal, Canada. Displayed in U.S. dollars (USD), as of .
The current price of palladium is $1,264.00 per troy ounce as of , down $72.00 today. Kitco provides the live palladium price in U.S. dollars from the global spot market.
Palladium Price Today — Per Ounce, Gram and Kilo
The table below converts today's palladium spot price in U.S. dollars from the per-troy-ounce quote into other common trading units.
| Unit | Palladium Price (USD) | Change | Low | High |
|---|---|---|---|---|
| Palladium price per ounce | $1,264.00 | -$72.00 | $1,263.00 | $1,386.00 |
| Palladium price per gram | $40.64 | -$2.31 | $40.61 | $44.56 |
| Palladium price per 10 grams | $406.39 | -$23.15 | $406.06 | $445.61 |
| Palladium price per kilo | $40,638.54 | -$2,314.85 | $40,606.39 | $44,560.93 |
| Palladium price per pennyweight | $63.20 | -$3.60 | $63.15 | $69.30 |
| Palladium price per tola | $474.00 | -$27.00 | $473.63 | $519.75 |
| Palladium price per tael | $1,536.11 | -$87.50 | $1,534.90 | $1,684.38 |
Prices in U.S. dollars, based on the bid price of the global spot market. Tael refers to the Hong Kong tael (37.799 g).
How the Palladium Spot Price Works
The palladium spot price is the U.S.-dollar price of one troy ounce for immediate delivery, set by exchange futures and dealer-to-dealer trading. The market is small and can move sharply when vehicle production forecasts or supply from the main producing countries change.
Physical palladium bullion is typically 999.5 fine; bars and coins carry a premium over spot as with other precious metals.
What Moves the Palladium Price
Gasoline-vehicle demand. Palladium is overwhelmingly an automotive metal: the large majority of demand is catalytic converters for gasoline engines. That makes the palladium price a nearly pure play on gasoline-vehicle production — it boomed as emissions standards tightened and has been pressured as EVs (which use no catalytic converter) take share and automakers substitute cheaper platinum.
Russian and South African supply. Palladium supply is the most concentrated of any precious metal: Russia and South Africa together account for the large majority of mine output, mostly as a byproduct of nickel and platinum mining. Sanctions, export questions and mine disruptions in either country move the price sharply.
Thin market, big swings. Palladium's market is small even by silver's standards, and it has a history of violent moves — including its run above $3,000 in 2022 followed by a decline of more than half. It is typically the most volatile of the four major precious metals.
Palladium Price History
Palladium's all-time high is $3,429.50 per ounce, set on March 7, 2022, as sanctions fears squeezed Russian supply — followed by a decline of more than half. Palladium traded below platinum for decades, overtook it in 2017, and the two have swapped ranks since as automakers adjusted — the substitution story in one chart, viewable in the historical charts above.
About Palladium
Palladium is the lightest of the platinum-group metals, discovered in 1803 and named for the asteroid Pallas. Its ability to absorb enormous volumes of hydrogen and catalyze reactions at low temperatures made it the default catalyst for gasoline emissions control — the use that turned an obscure industrial metal into a headline precious metal. It also appears in electronics, dentistry and, in small volumes, jewelry and investment bars. Investment palladium is typically .9995 fine.
Palladium Market News & Analysis
The palladium price never moves without a reason. Kitco News — the world's largest newsroom dedicated to metals and mining — reports on the forces behind every move, from gasoline-vehicle production and Russian supply to investment flows, with market updates published throughout each trading day. Beyond the headlines, Kitco Opinion carries daily analysis and price forecasts from veteran traders, fund managers and analysts.
Kitco has provided live palladium prices and market coverage since 1977. You can also follow the coverage on the Kitco News YouTube channel, one of the most-watched sources of precious metals interviews and analysis, or on X @KitcoNewsNOW for market updates as they happen.
Palladium Price FAQ
- What is the price of palladium today?
- As of September 10, 2026, 2:33 p.m. ET, the palladium price is $1,264.00 per troy ounce ($40.64 per gram). The live chart on this page updates continuously through global trading hours.
- Why did palladium prices spike and fall?
- Emissions rules drove demand for gasoline-engine catalytic converters up faster than mine supply could respond; the adoption of electric vehicles, which use no catalytic converter, and automakers' substitution of cheaper platinum then reduced it.
- What is palladium used for?
- Catalytic converters above all — also electronics, dentistry and, in smaller volumes, jewelry.
- Is palladium rarer than gold?
- Annual mine production is far smaller than gold's, but rarity alone doesn't set price — demand mix does.
- Can I see the palladium price in other currencies?
- Yes. The currency selector on this page converts the live quote, and a dedicated page tracks the palladium price in Canadian dollars.
The information on this page is provided for informational purposes only and does not constitute investment, tax or trading advice. Prices shown are market data; consult a qualified advisor before making investment decisions.
Palladium Price Historical Performance
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