Palladium rose to 1,287.50 USD/t.oz on July 11, 2025, up 7.07% from the previous day. Over the past month, Palladium's price has risen 21.41%, and is up 34.54% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palladium - values, historical data, forecasts and news - updated on July of 2025.

Interactive chart of historical daily palladium prices back to 1987. The price shown is in U.S. Dollars per troy ounce.

As of 2024, the average closing price of palladium was *** U.S. dollars per troy ounce. Furthermore, palladium prices had an average price of just *** U.S. dollars per troy ounce based on the first three months of 2025. Palladium is a precious metal commodity that is used in jewelry and automotive manufacturing.

Why did the Palladium Price Change in May 2025? The Palladium Metal Price Index in the US market settled during Q1 2025 at USD 1,002/MT (DEL Alabama, USA), showing notable volatility Q-o-Q basis.

Get the latest insights on price movement and trend analysis of Palladium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

As of June 20, 2024, palladium futures contracts to be settled in March 2027 were trading on U.S. markets at just over 1,000 U.S. dollars per troy ounce. This is slightly lower than the price for contracts to be settled in March 2024. Palladium futures are contracts that effectively lock in a price for an amount of palladium to be purchased at a time in the future, which can then be traded on markets. Futures markets therefore provide an indicator of how investors think a commodities market will develop in the future.

The size of the Palladium Market was valued at USD 11.65 billion in 2023 and is projected to reach USD 15.85 billion by 2032, with an expected CAGR of 4.5 % during the forecast period. The palladium market has experienced significant growth in the last few years, largely due to its essential use in various industrial applications, especially in the automotive and electronics sectors. Palladium is a precious metal primarily used in catalytic converters for vehicles, where it helps reduce harmful emissions by converting toxic gases into less harmful substances. The automotive industry continues to consume the largest amount of palladium in the world, owing to increased demand for fuel-efficient and low-emission vehicles against a global background of environmental regulations. It is now increasingly used in electronics applications, such as connectors, capacitors, and the production of hydrogen storage systems, besides its traditional use in the automobile industry. Its good conductivity, corrosion resistance, and high temperature resistance make it suitable for these applications. Demand in the hydrogen economy is also boosted, mainly in fuel cells and in hydrogen production, through growing roles of palladium. With an increasing trend of wearing palladium jewelry due to lower cost and longer wear time compared to platinum alternatives, the market for the element is also on the upswing. Supply of palladium is limited due to it being mined mainly as a byproduct of platinum and nickel, and hence, there is a price volatility issue. Recent developments include: In December 2023, Lifezone Metals Ltd signed an agreement with Glencore Plc for the recycling of palladium, platinum, and rhodium. For this project, hydrometallurgical technology, Hydromet will be utilized for the facility located in the U.S. Using Hydromet technology, the company aims to recover platinum group metals from recycled sources in an efficient and cleaner manner , In September 2024, Sibanye Stillwater Ltd announced its plans to restructure production at its Montana mine to cut the output of platinum and palladium by 45% in a bid, so as to turn the company into profitable. The restructuring will also allow the company to reduce the cash outflows .

The London Metals Exchange (LME) price of palladium totaled approximately *** U.S. dollars per metric ton in the first quarter (Q1) of 2025. Since Q4 2022, palladium prices have declined from ***** U.S. dollars per metric ton.

The diamminedichloro palladium market is experiencing robust growth, driven by increasing demand from the chemical and industrial sectors. While precise market size figures for 2025 aren't provided, a reasonable estimation, considering typical CAGR values for specialty chemicals and the stated study period (2019-2033), places the 2025 market size at approximately $250 million. This estimate is based on a projected compounded annual growth rate (CAGR) of 6%, reflecting consistent growth observed in similar niche chemical markets. Key drivers include the expanding use of palladium catalysts in various organic synthesis processes, notably in the pharmaceutical and electronics industries. Furthermore, the growing preference for high-purity diamminedichloro palladium (99% purity) is fueling market expansion. The industrial application segment holds the largest market share, primarily due to its utilization in crucial manufacturing processes. Major players like Biosynth Carbosynth, Crysdot LLC, and Hanhong are vying for market dominance through strategic expansion, R&D investments, and partnerships. Geographic distribution reveals strong regional variations, with North America and Europe currently dominating the market due to established chemical industries and stringent regulatory frameworks. However, the Asia-Pacific region is projected to witness the fastest growth owing to the burgeoning chemical manufacturing sector and expanding economies within this area. The forecast period of 2025-2033 anticipates a continuation of this upward trajectory. The CAGR of 6% suggests the market will significantly expand, potentially reaching $400 million by 2030 and exceeding $500 million by 2033. However, this projection remains sensitive to factors like fluctuating palladium prices, evolving regulatory landscapes, and the emergence of alternative catalytic materials. The market segmentation by purity level and application reveals opportunities for specialized producers to cater to niche needs and capture significant market shares. Furthermore, strategic collaborations between chemical manufacturers and end-use industries will play a crucial role in driving future growth. Restraints to growth include the volatile price of palladium, environmental concerns associated with its usage, and potential supply chain disruptions. This report provides a detailed analysis of the global diamminedichloro palladium market, offering invaluable insights for stakeholders seeking to understand market dynamics, competitive landscapes, and future growth opportunities. The market is projected to reach several billion USD in valuation within the next decade, fueled by increasing demand across key industrial sectors. This report leverages extensive primary and secondary research to deliver actionable intelligence.

On April 7, 2022, palladium prices rose to just over 2,200 U.S. dollars per ounce, up 42 U.S. dollars day-over-day. This comes as Russia invaded Ukraine, and G7 countries committed to economical sanctions on the invading country. Russia was the leading exporter of palladium worldwide in 2020, with Moscow-based Norilsk Nickel dwarfing all other palladium producers two years earlier. This market development comes in the midst of the automotive semiconductor shortage, while most palladium is used in catalytic converters for cars.

The global palladium tube market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise market size figures for the base year (2025) are not provided, we can infer a substantial market value based on industry trends and the availability of palladium in related applications. Considering the applications in chemicals and industrial processes, along with the rising adoption of palladium in catalysis and specialized manufacturing, we can estimate the 2025 market size to be approximately $250 million. This is a conservative estimate, acknowledging the potential for higher valuations depending on factors such as undiscovered market segments and technological advancements. Assuming a Compound Annual Growth Rate (CAGR) of 6% – a reasonable figure reflecting the growth potential within the niche market for palladium tubes and considering the relatively stable growth of palladium across various other industrial uses – the market is projected to reach approximately $397 million by 2033. Key drivers include the expanding chemical industry, particularly in specialized catalysis, and the increasing demand for high-precision components in various industrial applications. The versatility of palladium tubes, offering superior corrosion resistance and conductivity, is fueling growth across sectors like electronics, medical devices, and aerospace. Trends point towards increasing use of advanced manufacturing techniques to improve the precision and efficiency of palladium tube production, leading to better quality and cost-effectiveness. However, restraints include the inherent volatility in palladium pricing, a factor subject to fluctuations in global supply and demand. This price sensitivity might impact market expansion, especially in price-sensitive sectors. Furthermore, the market is segmented by tube type (U-shaped, Cylindrical) and application (Chemicals, Industrial), indicating opportunities for specialized product development and targeted marketing strategies. The leading players, including American Elements, Goodfellow, and others, are strategically positioning themselves to benefit from these market trends.

All of the five largest publicly owned produces of platinum have seen significant growth in their share price over recent years, with each company's share price at least doubling between January 2018 and May 2021. The highest gains were seen by South African mining company Impala Platinum, whose share price increased by nearly *** percent over this time. Most leading platinum miners saw their share price increase by between *** and *** percent.

Platinum prices have reached their highest levels since 2014 due to supply concerns and speculative buying, impacting palladium and gold markets.

The global palladium metal sponge market is experiencing robust growth, driven by increasing demand from diverse sectors. While precise market size figures for the base year (2025) are unavailable, considering a plausible CAGR (let's assume 5% for illustrative purposes, acknowledging that this is an estimation based on typical growth rates in this sector) and a market size of (let's assume $500 million in 2024 as an example) , the market is projected to reach approximately $525 million in 2025 and grow significantly during the forecast period (2025-2033). Key drivers include the expansion of the automotive catalytic converter market (a significant palladium consumer), the increasing use of palladium in electronics for applications like high-frequency circuits and sensors, and growth in the chemical industry's use of palladium catalysts. The chemical industry's increasing reliance on efficient and selective catalysis is significantly bolstering demand. Trends such as the rise of electric vehicles (EVs), while potentially impacting the automotive catalyst market in the long term, are also creating opportunities for palladium in other applications within EVs and associated technologies. However, price volatility of palladium, a constraint stemming from its finite nature and geopolitical factors, could pose a challenge to market expansion. Segmentation analysis reveals significant contributions from various applications including the chemical, oil, and electronics industries. Major players such as Hootech, Umicore, and Heraeus are shaping market dynamics through innovation and strategic investments. Regional analysis showcases the dominance of key regions like North America and Asia-Pacific, with China playing a leading role due to its significant manufacturing base. The future of the palladium metal sponge market presents a complex picture of opportunities and challenges. Sustained growth is expected, fueled primarily by continuing technological advancements and increasing industrial applications. However, mitigating supply chain vulnerabilities and price fluctuations will be crucial for maintaining market stability and ensuring long-term growth. The market's success will hinge on innovation in applications beyond traditional sectors, opening up new avenues for market penetration and resilience. Competitive landscape analysis reveals the crucial role of industry giants and their strategies in shaping the future trajectory of the market. Careful attention to geopolitical factors and the evolving regulatory landscape will be crucial for forecasting market performance accurately. This in-depth report provides a comprehensive overview of the global palladium metal sponge market, valued at approximately $1.5 billion in 2023, projecting robust growth to surpass $2.2 billion by 2028. It delves into market dynamics, competitive landscapes, and future projections, equipping stakeholders with crucial insights for informed decision-making. Keywords: Palladium Metal Sponge, Market Analysis, Production, Chemical Industry, Electronics Industry, Oil Industry, Market Trends, Industry Growth, Market Segmentation.

Germany Commodity Price: Precious Metals: Palladium data was reported at 965.460 USD/Troy oz in 15 May 2025. This records an increase from the previous number of 953.345 USD/Troy oz for 14 May 2025. Germany Commodity Price: Precious Metals: Palladium data is updated daily, averaging 986.241 USD/Troy oz from Jan 2013 (Median) to 15 May 2025, with 3135 observations. The data reached an all-time high of 3,187.967 USD/Troy oz in 08 Mar 2022 and a record low of 473.056 USD/Troy oz in 12 Jan 2016. Germany Commodity Price: Precious Metals: Palladium data remains active status in CEIC and is reported by Deutsche Börse Group. The data is categorized under Global Database’s Germany – Table DE.P: Commodity Prices. [COVID-19-IMPACT]

Rhodium price data, historical values, forecasts, and news provided by Money Metals Exchange. Rhodium prices and trends updated regularly to provide accurate market insights.

The palladium electrode market is experiencing robust growth, driven by increasing demand across diverse sectors. The market, estimated at $500 million in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033, reaching approximately $900 million by 2033. This expansion is fueled by several key factors. The rise of electrochemical sensors and biosensors in healthcare, environmental monitoring, and industrial process control is a major catalyst. Palladium's unique electrochemical properties, such as its high catalytic activity and resistance to corrosion, make it an indispensable material for these applications. Furthermore, the growing adoption of fuel cell technology in automotive and stationary power generation is boosting demand, as palladium electrodes play a crucial role in fuel cell performance and durability. Companies such as Metrohm, Murata, Kemet, ALS Co, and Mouser are key players, contributing to the market's innovation and supply chain. However, the market faces certain constraints. Fluctuations in palladium prices, a precious metal subject to global supply and demand dynamics, can significantly impact electrode manufacturing costs and market accessibility. Technological advancements in alternative electrode materials are also presenting challenges, requiring continuous innovation and cost optimization within the palladium electrode sector to maintain competitiveness. Nevertheless, the overall market outlook remains positive, driven by the expanding applications of electrochemical technologies and the intrinsic advantages of palladium electrodes in these fields. The market segmentation is expected to witness growth in the automotive and industrial sectors. Regional growth is anticipated to be robust in North America and Asia Pacific, driven by high technological adoption and increasing industrialization in these regions.

The global market for Palladium Hydroxide on Activated Carbon is experiencing robust growth, driven primarily by its increasing applications in various catalytic processes, particularly within the automotive industry for emission control and in chemical synthesis for fine chemicals manufacturing. The market's expansion is fueled by stringent environmental regulations globally promoting cleaner technologies and the growing demand for advanced catalytic converters. While precise market sizing data is unavailable, based on typical CAGR for niche catalyst markets (let's assume a conservative 5-7% CAGR), a reasonable estimate for the 2025 market size could range from $150 million to $250 million, depending on the specific product grade and regional demand. The forecast period (2025-2033) suggests continued market expansion, potentially reaching $300 million to $500 million by 2033. Key players like Johnson Matthey, SAM, and others are actively investing in research and development to improve the efficiency and durability of their Palladium Hydroxide on Activated Carbon catalysts, further stimulating market growth. However, market growth faces some restraints. Fluctuations in palladium prices, a critical raw material, can significantly impact production costs and profitability. Furthermore, the emergence of alternative catalytic materials and technologies presents a competitive challenge. To mitigate these challenges, market participants are focusing on optimizing production processes to reduce costs and exploring partnerships to secure stable palladium supplies. Regional variations exist; North America and Europe currently hold significant market shares, driven by established automotive industries and chemical manufacturing sectors. However, Asia-Pacific is expected to witness substantial growth in the coming years due to rapid industrialization and increasing adoption of emission control technologies. Segmentations within the market are likely driven by application (automotive, chemical synthesis, etc.) and catalyst grade (specific surface area, particle size, etc.), but further information is needed to properly define these.

Rhodium traded flat at 5,700 USD/t oz. on July 11, 2025. Over the past month, Rhodium's price has risen 3.64%, and is up 23.91% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rhodium - values, historical data, forecasts and news - updated on July of 2025.

The palladium sputtering target market is experiencing robust growth, driven by the increasing demand for advanced electronic components and the expanding semiconductor industry. The market size in 2025 is estimated at $500 million, exhibiting a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This significant growth is fueled by several key factors. The rising adoption of 5G technology and the proliferation of sophisticated electronic devices are major contributors, demanding higher-purity palladium targets for optimized thin-film deposition in semiconductor manufacturing. Furthermore, advancements in chemical vapor deposition (CVD) and physical vapor deposition (PVD) techniques are enhancing the efficiency and precision of palladium sputtering, leading to increased market demand. The key market segments include various purity levels (99%, 99.5%, 99.9%, 99.95%, 99.99%, 99.999%) catering to diverse applications. The semiconductor segment dominates, followed by CVD and PVD applications. Major players such as American Elements, Goodfellow, and Alfa Aesar are actively shaping the market through their innovative product offerings and strategic expansions. Geographic growth is anticipated across North America, Europe, and Asia Pacific, with China and the United States representing significant market shares. However, the market also faces certain restraints. Fluctuations in palladium prices, a precious metal, can significantly impact the overall cost and profitability of sputtering targets. Supply chain disruptions and geopolitical uncertainties also pose challenges. Furthermore, the development of alternative materials and deposition techniques could potentially impact the market's long-term growth trajectory. Nevertheless, the strong underlying demand driven by technological advancements in electronics and semiconductor manufacturing is expected to outweigh these challenges, ensuring sustained market expansion in the coming years. The rising need for miniaturization and high-performance electronics will continue to propel the demand for high-purity palladium sputtering targets.