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.

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

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.

In June 2024, an ounce of the platinum group metal palladium cost on average ****** U.S. dollars based on the monthly average morning fixing price of the London Bullion Market Association.Palladium is used in catalytic converters, in electronics, in hydrogen storage, and dentistry, among other uses.

Context

02 Apr 1990 - 9 Sept 2024

Historically, precious metals were important as currency but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an ISO 4217 currency code.
The "London Fix" is issued by the London Bullion Market Association (LBMA). It is the way that global daily prices are set for precious metals including gold, silver, platinum and palladium.

Content

Dataset contains daily London Fix Prices starting from 2 April 1990.

The gold price is set twice daily (at 10:30 and 15:00 London BST) in US dollars.
The silver price is set daily at 12:00 (London BST time) in US dollars.
The platinum and palladium prices are set twice daily at 09:45 and 14:00 (London BST) in US dollars per .9995 fine ounces.

All prices are in USD per troy ounce (oz t) of precious metal.

Acknowledgements

Data was downloaded from Kitco and already cleaned by me.

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

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.

Explore the factors influencing the prices of precious metals like gold, silver, platinum, and palladium, including market demand, geopolitical stability, currency valuations, and interest rates. Discover how economic conditions and industry usage impact their valuation.

Rhodium rose to 8,050 USD/t oz. on December 2, 2025, up 0.94% from the previous day. Over the past month, Rhodium's price has fallen 1.23%, but it is still 75.96% higher than a year ago, 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 December of 2025.

On April 7, 2022, palladium prices rose to just over ***** U.S. dollars per ounce, up ** 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.

Stay informed with real-time charts of international precious metal prices. Monitor spot prices for Platinum in USD, GBP, and EUR. Access live updates here >>

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 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.

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.