Palladium rose to 1,428.50 USD/t.oz on December 2, 2025, up 0.53% from the previous day. Over the past month, Palladium's price has fallen 1.11%, but it is still 47.88% 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 December of 2025.

The global market value of palladium, a platinum group metal, amounted to some ** billion U.S. dollars in 2024. By 2035, palladium's market value is forecast to grow to ***** billion U.S. dollars worldwide.

The palladium market size was $20.0 billion in 2024 & is expected to grow from $20.4 billion in 2025 to $23.6 billion by 2032 at a CAGR of 2.1%.

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.

Continuously updated Monex bid/ask prices for Palladium spot and common bullion products.

Data on Spot Palladium Price, with data for the last 36 years (traceable to Jan 02,1990), the unit for Spot Price is USD/oz.t, with the latest data being 1374.75, updated on Nov 21,2025

In Q3 2025, USA, the Palladium Price Index rose by 15.0% quarter-over-quarter, driven by stockpiling urgency. Check detailed insights for Europe and APAC.

As of June 20, 2024, palladium futures contracts to be settled in March 2027 were trading on U.S. markets at just over ***** 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.

Context

Palladium is a lustrous, silver-white metal and a key member of the platinum group metals (PGMs). Its primary industrial use is as a critical component in catalytic converters for gasoline-powered vehicles, making its price highly sensitive to the health of the global automotive industry and tightening emissions standards.

Due to its significant industrial role and status as a precious metal, palladium's price behavior offers unique insights for market analysis. Access to clean, reliable, and long-term historical data is essential for analysts and investors looking to model its trends. This dataset provides a comprehensive and daily-updated record of palladium prices, specifically sourced from the Palladium Futures (PA=F) market.

Content

This dataset contains daily price information for Palladium Futures (PA=F) in a clean, tabular format. Each row represents a single trading day and includes the following columns:

Date: The date of the trading session (YYYY-MM-DD).

Open: The price at which palladium first traded for the day in USD.

High: The highest price reached during the trading day in USD.

Low: The lowest price reached during the trading day in USD.

Close: The closing price at the end of the trading day in USD.

Volume: The total number of futures contracts traded during the day.

The Palladium Market size was valued at USD 21.6 USD Billion in 2023 and is projected to reach USD 24.98 USD Billion by 2032, exhibiting a CAGR of 2.1 % during the forecast period. Recent developments include: July 2023: Nornickel plans to develop a palladium catalyst to tap the future potential of electrolysis technology for water disinfection. As per the company’s plan, the development phase of the catalyst may be completed by the end of 2023., February 2022: Heraeus Precious Metals formed a joint venture with BASF that will be built in Pinghu, China, to recover the precious metals from automotive catalysts.. Key drivers for this market are: Higher Usage of Platinum Group Metals in Vehicles to Fuel Market Growth. Potential restraints include: Russia-Ukraine War Conflict to Effect Supply Demand Equation . Notable trends are: Trend of Vehicle Hybridization to Drive Market Growth .

Market Research Intellect presents the Palladium Market Report-estimated at USD 41.3 billion in 2024 and predicted to grow to USD 56.8 billion by 2033, with a CAGR of 4.5% over the forecast period. Gain clarity on regional performance, future innovations, and major players worldwide.

View monthly updates and historical trends for Palladium Spot Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

The global market balance of palladium in 2023 amounted to a deficit of about ******* ounces. In 2024, the global palladium market was balanced with neither a surplus or deficit, represented in this statistic as **** ounces. That same year, the global market balance of platinum was also registered as being balanced. Palladium – together with platinum, rhodium, ruthenium, iridium and osmium – form the platinum group metals or PGMs.

Latin America Palladium Market is expected to grow during 2025-2031

Global Palladium and Platinum market size 2025 was XX Million. Palladium and Platinum Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Jordan Palladium Market is expected to grow during 2025-2031

Monaco Palladium Market is expected to grow during 2025-2031

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.

Future-proof your strategy - Palladium Market trends, share, and size forecasts through 2034 in one report.

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.