Palladium, spot averaged $1,267/troy oz in July 2026, +6% over twelve months and +96% over ten years. The nominal all-time high was $2,873/troy oz in May 2021; in 2024 dollars the real peak was $3,358/troy oz in May 2021. Monthly averages, IMF PCPS.
Palladium, spot
Derived price statistics per series
Series
Latest
1 month
12 months
5 years
10 years
20 years
All-time high (nominal)
All-time high (real, 2024 US$)
Palladium, spot $/troy oz, since 1992
1,267 July 2026
-1%
+6%
-54%
+96%
+299%
2,873 May 2021
3,358 May 2021
Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.
Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how palladium is priced.
Monthly palladium prices by decade
Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.
Palladium, spot ($/troy oz)
Palladium, spot monthly prices, 1990s, $/troy oz
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1992
82.94
85.42
84.46
83.31
82.84
80.64
87.02
85.53
90.9
94.69
94.46
106.6
88.24
1993
109.7
110.6
106.5
114.2
119.6
127.2
139.6
135.8
121.5
129.6
127.9
124.5
122.2
1994
124.2
131.8
133
133.5
136
137.2
146.2
152.1
152.9
154.6
156.4
153.7
142.6
1995
156.1
156.8
162.8
169.4
160.7
158.4
155.4
149.7
143.3
136.7
134.1
131.4
151.2
1996
129.5
139.3
138.4
136.5
132
129.6
131.8
126.8
121.5
117.4
117
117.5
128.1
1997
121.1
136.4
148.4
153.5
169.5
202
187.6
211.7
190.5
205
207.9
197.8
177.6
1998
223.7
237.1
262.5
320.3
353.8
286.1
306.4
285.7
284.3
278.4
278.3
299.3
284.7
1999
322.4
350.6
352.4
360
328.8
336.7
332.7
339.9
361.6
386.9
400.9
428
358.4
Palladium, spot monthly prices, 2000s, $/troy oz
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2000
452.6
635.1
664.3
573.1
572.2
646
703.5
762.1
728.5
739.9
784.1
918.7
681.7
2001
1,038
971.6
779.4
692.3
655.9
614.1
524.5
454
443.3
335.2
329.1
402.7
603.3
2002
410.4
374.2
375
370.1
356.5
336.2
322.7
323.7
327.4
316.6
285.2
240.5
336.5
2003
254.1
253.3
223.8
161.5
167.1
179.5
173.4
182.1
210.9
201.1
196.8
198.6
200.2
2004
215.9
235.4
269.7
296.9
246.4
228.8
219.9
215.1
211.4
218.1
213.7
190.2
230.1
2005
185.9
182
197.4
198.8
189.6
186.5
184.4
186.5
188.9
207.7
245.3
263.8
201.4
2006
272.8
289.1
310.2
351.9
368.3
316.1
317.8
330
323
312.9
324.3
326
320.2
2007
336.5
341.8
350.1
366.9
367.5
368.7
366.2
342.1
334.6
365.6
362.7
351.8
354.5
2008
373.8
468.9
483.1
445.9
434.9
449.6
426.3
314.2
247.9
190.7
207.4
175.6
351.5
2009
187.5
205.7
202.3
226.7
229.1
245.5
248.6
276.6
293.3
322.1
351.8
371
263.4
Palladium, spot monthly prices, 2010s, $/troy oz
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2010
432.1
425.8
461.5
529.4
490.8
462.1
455.8
488.6
538.4
591.6
683.6
755.1
526.2
2011
793.3
821.4
762
770.2
739
770.3
788.7
763
709
616.5
628.2
640.8
733.5
2012
657.8
703
684.4
653.6
620
612.5
579.5
602
657.9
633.4
636.5
689.6
644.2
2013
712.2
751.9
757.3
706.1
719.4
713.5
718
741.1
709.1
724.6
733.4
717
725.3
2014
733.3
728.6
773.1
793.1
821.1
832.2
871.7
876.1
841.8
778.3
780.8
806.7
803.1
2015
785.5
786.3
786.3
767.2
783
726.8
642.6
594.3
608.5
691.5
574
552.2
691.5
2016
502.5
505.2
568.2
574.3
578.1
553.1
646
699.6
682.6
648.5
697.4
702.2
613.1
2017
744.8
775.6
776.3
800.6
793.3
864.6
856
913
934.9
959.4
999.8
1,022
870
2018
1,093
1,022
986.5
970.5
979.1
985
931.1
918.6
1,013
1,084
1,141
1,247
1,031
2019
1,328
1,447
1,531
1,390
1,331
1,444
1,545
1,454
1,601
1,728
1,768
1,901
1,539
Palladium, spot monthly prices, 2020s, $/troy oz
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2020
2,227
2,525
2,109
2,082
1,898
1,921
2,040
2,170
2,300
2,345
2,353
2,343
2,193
2021
2,376
2,346
2,480
2,770
2,873
2,721
2,734
2,539
2,112
2,009
2,007
1,811
2,398
2022
2,031
2,350
2,583
2,331
2,060
1,913
1,973
2,136
2,114
2,079
1,912
1,808
2,107
2023
1,734
1,544
1,426
1,508
1,483
1,348
1,264
1,247
1,239
1,142
1,050
1,088
1,340
2024
988.9
938.4
1,012
1,015
974
925.2
960.5
932.1
1,019
1,069
1,009
951.3
982.9
2025
951.4
972.2
958.3
943.4
974.7
1,053
1,197
1,135
1,181
1,421
1,415
1,602
1,150
2026
1,841
1,734
1,556
1,516
1,440
1,277
1,267
1,519
Method
Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.
IMF series are shown as charts and statistics only; download them from the IMF Primary Commodity Price System.
Cite as: Commodity Origins, "Palladium price history (1992–2026)", https://commodityorigins.com/prices/palladium/, data 2026-08-06. Data updated 6 September 2026.