Palladium fell to 1,127.50 USD/t.oz on September 2, 2025, down 1.57% from the previous day. Over the past month, Palladium's price has fallen 7.05%, but it is still 20.52% higher than a year ago, 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 September of 2025.

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.

Rhodium fell to 7,050 USD/t oz. on September 1, 2025, down 1.40% from the previous day. Over the past month, Rhodium's price has risen 2.17%, and is up 52.43% 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 September of 2025.

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).

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

Index Time Series for Sprott Physical Platinum and Palladium Trust. The frequency of the observation is daily. Moving average series are also typically included. Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.

Rhodium is a precious metal that removes pollutants from vehicle exhaust fumes. In February 2020, the price of rhodium was 11,665 U.S. dollars per troy ounce. By May 2020, the price decreased to below 8,000 U.S. dollars per ounce. In April 2021, the price rose to a new high of 28,775 U.S dollars, before decreasing throughout 2022 and early 2023. By December 2024, the average price significantly decreased, reaching around 4,575 U.S. dollars per troy ounce. In comparison, the price for an ounce of rhodium was approximately 5,905 U.S. dollars in August 2022. The rarest metal: Rhodium Rhodium is a rare and precious metal that belongs to the platinum group metals (PGMs), along with platinum, palladium, osmium, iridium, and ruthenium. Due to its scarcity, it is one of the most valuable metals in the world, often exceeding the price of gold. Rhodium is extensively used in the automotive industry to manufacture catalytic converters that reduce harmful emissions. Over the last few years, even with a steady supply, Rhodium demand has risen significantly, exceeding supply due to stricter emission regulations and advancements in the automobile industry. The significance of PGMs in South Africa South Africa is rich in various natural resources, such as metals and minerals. For example, almost all of the total global reserves of PGMs are in South Africa. In 2023, PGMs generated the highest revenue share in the South African mining sector compared to other commodities, amounting to 370 billion rands.

Download Historical Palladium (Combined) Futures Data. CQG daily, 1 minute, tick, and level 1 data from 1899.

Download Palladium Futures (NYMEX) (PA1 Comdty) historical futures data — 1m, 5m, 10m, 30m, 1h, Daily — from 2008-Jan-02 to 2025-Jul-16

This dataset provides values for PALLADIUM reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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]

Gold and silver prices increased over the course of 2021, but these did not grow as fast as the prices of iridium and, especially, rhodium. According to a comparison of price indices, the price for rhodium - a precious metal similar to platinum and used especially in catalytic converters of cars - was ten times higher in April 2021 than it was in January 2019. The price hike for rhodium was apparently caused by coronavirus-related lockdowns implemented in South Africa, where mining companies had to close for several weeks.

Download Historical Palladium (Globex) Futures Data. CQG daily, 1 minute, tick, and level 1 data from 1899.

Precious Metal Products Market Outlook

The global precious metal products market size was valued at approximately $200 billion in 2023 and is projected to reach nearly $315 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.3% during the forecast period. This growth can be attributed to the increasing demand from both industrial and consumer sectors, as well as the growing interest in precious metals as investment assets. Factors such as economic uncertainty, technological advancements in metal extraction and processing, and the resurgence of demand in jewelry and electronics sectors are expected to drive the market growth. Additionally, the increase in disposable income in emerging economies is likely to bolster the demand for luxury items, including those containing precious metals.

The demand for precious metals is significantly driven by their application in the jewelry industry, which continues to be a dominant segment. Gold and silver, in particular, have been integral in the creation of ornaments and ceremonial artifacts for centuries, and this cultural and traditional affinity ensures their perpetual demand. Furthermore, the evolving fashion trends and the increasing consumer preference for customized and designer jewelry are fueling this growth. Various socio-cultural events and festivals also serve as catalysts, leading to periodic spikes in demand, especially in regions like India and China where precious metal jewelry holds substantial cultural significance.

In recent years, the industrial application of precious metals has seen exponential growth, especially in the electronics sector. Metals like silver, gold, and palladium are crucial components in the manufacturing of electronic devices, including smartphones, computers, and various other digital gadgets. The growing demand for high-tech electronics and the continuous innovation in the technology sector are fueling the need for these metals. As technology advances, the miniaturization and efficiency requirements of electronic components necessitate the use of high-conductivity materials, which is further enhancing the demand for precious metals in this domain.

Furthermore, the investment segment is seeing a steady rise in interest as precious metals are viewed as safe-haven assets amidst economic uncertainties. With fluctuating global economies and the threat of inflation, investors are increasingly looking towards precious metals as a hedge against market volatility. Gold, in particular, has been a preferred investment choice due to its intrinsic value and historical reliability as a store of wealth. The advent of digital platforms facilitating the trading of precious metals has also made it more accessible to a broader investor base, further stimulating market growth.

Regionally, Asia Pacific dominates the precious metal products market, accounting for the largest share due to high consumption in countries like China and India. North America follows closely, with robust demand driven by both industrial applications and investment needs. Europe, too, presents a significant market with its blend of industrial use and investment appeal. Meanwhile, the Middle East and Africa, known for their rich mineral resources, present unique growth opportunities driven by both export demands and domestic consumption. Rapid urbanization and rising affluence in emerging economies across these regions are anticipated to further drive market growth.

Product Type Analysis

The product type segment in the precious metal products market comprises gold, silver, platinum, palladium, and others. Gold continues to be the most sought-after precious metal, primarily due to its extensive use in jewelry and investment sectors. The intrinsic value, historical significance, and universal acceptance of gold make it a pivotal component of the global financial system. In addition to its monetary and ornamental uses, gold's biocompatibility and resistance to corrosion have led to its adoption in medical devices and dentistry, further broadening its market scope. As new mining technologies and sustainable mining practices emerge, the supply chain dynamics of gold are expected to enhance, catering to its diverse demand.

Silver, often referred to as the 'poor man's gold,' plays a critical role in the precious metal products market, driven by its dual application in both industrial sectors and jewelry. The metal's superior electrical and thermal conductivity makes it indispensable in the electronics industry, where it is used extensively in the manufacture of components like conductors, capacito

In 2025, the price of platinum is forecast to hover around ***** U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to ***** U.S. dollars. Precious metals Precious metals are counted among the most valuable commodities worldwide. The most well known such metals are gold, silver and the platinum group metals. A precious metal can be used as an industrial commodity or as an investment. The major areas of application include the following sectors: technology, car-making, industrial manufacturing and jewelry making. Furthermore, gold and silver are used as coinage metals, and gold reserves are held by the central banks of many countries worldwide in order to store value or for use as a redemption medium. The idea behind this procedure is that gold reserves will help secure and stabilize the countries’ respective currencies. At ***** tons, the United States is the country with the most extensive stock of gold. It is kept in an underground vault at the New York Federal Reserve Bank. Russia, the United States, Canada, South Africa and China are the main producers of precious metals. Silver is the most abundant of the metals, followed by gold and palladium. Barrick Gold is the world’s largest gold mining company. The Toronto-based firm produced some **** million ounces of gold in 2020. The leading silver producers include Mexico-based Fresnillo, Poland’s KGHM Polska Miedž and the mining giant Glencore. Anglo Platinum and Impala are the key mining companies to produce platinum group metals. In 2023, Silver prices are expected to settle at around **** U.S. dollars per troy ounce. It is expected to remain the precious metal with the lowest value per ounce. The price of gold is forecast to drop to around ***** U.S. dollars per ounce, making it the most expensive precious metal in 2023.

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The mine production of palladium in Russia reached an estimated 75 metric tons in 2024. This production volume ranked Russia as the world's leading palladium producer that year. The average price of palladium was 1,491 U.S. dollars per ounce in 2023. Palladium is a platinum group metal. Uses of palladium The largest share of global palladium consumption is attributed to catalytic converter production, a key component of internal combustion engines that power the majority of motor vehicles produced worldwide. Other areas of application of palladium are electronics, jewelry, medical purposes, dentistry, and other chemical applications. Palladium is a key component of fuel cells, which are used to convert chemical energy from fuel into electricity. Regional palladium production In 2024, approximately 190 metric tons of palladium was produced worldwide. South Africa was the second-largest palladium producer after Russia that year, with production amounting to some 72 metric tons. The top palladium consuming regions are China, North America, and Europe. The United States and China are also the two individual countries with the largest global market shares of auto production.

China Export: HS 8: Palladium in Semi-Manufactured Forms Other Than Plates or Sheets data was reported at 0.289 RMB mn in Mar 2025. This records a decrease from the previous number of 0.439 RMB mn for Feb 2025. China Export: HS 8: Palladium in Semi-Manufactured Forms Other Than Plates or Sheets data is updated monthly, averaging 0.430 RMB mn from Jan 2015 (Median) to Mar 2025, with 81 observations. The data reached an all-time high of 16.343 RMB mn in Aug 2015 and a record low of 0.000 RMB mn in Aug 2017. China Export: HS 8: Palladium in Semi-Manufactured Forms Other Than Plates or Sheets data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JKF: RMB: HS71: Natural or Cultured Pearls, Precious or Semiprecious Stones, Precious Metals, Metals Clad with Precious Metal, & Articles Thereof; Imitation Jewellery.

United States Import Value by Product: Palladium: Other data was reported at 31,400.000 USD th in Sep 2018. This records a decrease from the previous number of 34,200.000 USD th for Aug 2018. United States Import Value by Product: Palladium: Other data is updated monthly, averaging 18,200.000 USD th from Jan 2007 (Median) to Sep 2018, with 141 observations. The data reached an all-time high of 67,100.000 USD th in Dec 2017 and a record low of 1,320.000 USD th in Jul 2008. United States Import Value by Product: Palladium: Other data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.WB006: Import Value.