Palladium Price Today — XPD Spot Rate per Gram, Tola & Ounce
Live palladium price today coverage on this page includes XPD spot rate per gram, tola, and ounce for practical global comparison.
Use the chart, conversion table, value calculator, and budget estimator to monitor volatility and evaluate entry points.
Live price
$1,434.00
Today move
+$0.00 (0.00%)
Refresh status
Source updated:
Page refreshed: May 17, 2026, 1:02 PM
Live Price
Daily Change
Weekly Performance
Monthly Performance
Historical Price Chart
Auto-updates every 60 seconds from live metal feed.
30D range: $1,578.10 to $1,434.00 (-9.13%) · Apr 15, 2026 to May 17, 2026
Latest
$1,434.00
Range High
$1,590.40
Range Low
$1,434.00
Range Move
-9.13%
Live palladium benchmarks for local and global comparison
Palladium users often need the live XPD benchmark first, then a fast translation into gram, tola, and ounce because local dealer quotes can look very different from the raw global number.
This section is built for that exact workflow: check the benchmark, convert it into practical units, then compare the move with platinum and broader metals.
Price per tola, gram, and ounce
Ounce remains the main global benchmark for palladium, but gram and tola views help users compare smaller holdings, retail quotes, and local conversion outcomes more easily.
Use the conversion table below when you want to turn a volatile XPD move into more practical units before making a pricing decision.
Unit Conversion Table
This converter is especially useful for palladium because sharp benchmark swings can be easier to interpret once they are translated into gram, tola, and ounce values.
| Unit | Price |
|---|---|
| Gram | $46.1042 |
| Kilogram | $46,104.17 |
| Ounce | $1,307.03 |
| Troy Ounce | $1,434.00 |
| Tola | $537.75 |
| Pound | $20,912.50 |
Palladium market character today
Palladium remains range-bound as markets assess fresh macro signals.
Palladium pricing is sensitive to auto-catalyst demand, recycling flows, policy shifts, and concentrated mine supply.
Palladium is one of the most event-sensitive metals on the site because its demand is concentrated and its supply base is narrow. That combination creates faster repricing than gold or silver.
Auto demand, substitution with platinum, and EV transition narratives can change palladium sentiment quickly, so benchmark context matters even more than usual.
Compare with other metalsPalladium Global Market Context
Palladium pricing is driven by global auto-catalyst demand, recycling supply, and production concentration in key mining regions.
Use the live USD benchmark on this page as your base reference before local conversion and dealer comparison.
Track live FX ratesLive tool
Palladium Value Calculator
Convert palladium quantity into live USD value using real-time benchmark pricing.
Estimated value
$1,434.00
$1,434.00 per troy ounce (XPD)
Planning
Palladium Budget Estimator
Enter your USD budget to estimate how much palladium you can buy at the current live rate.
Estimated quantity
0.6974
Troy Ounce of Palladium at current USD benchmark.
How Palladium Price Works
How Is Palladium Price Set?
Palladium is priced globally in USD as XPD spot and futures benchmarks. The rate updates through active commodity sessions as supply expectations, auto-demand signals, and risk pricing change throughout the day.
Unlike broad reserve metals, palladium is highly tied to industrial and emissions-linked demand. This is why it can move sharply during automotive cycle shifts, policy changes, and producer-country disruptions.
Local buying rates are derived from the benchmark, then adjusted with currency conversion, dealer spread, taxes, and logistics. Use this page as benchmark reference before comparing local quotes.
Why Palladium Is Expensive and Volatile
Palladium is one of the rarest traded precious metals and has historically faced tight supply concentration. In peak shortage phases, it traded above gold and became one of the most expensive major metals.
Price also reacts quickly to substitution narratives. When automakers switch between palladium and platinum in catalyst systems, relative pricing can reprice fast even without large macro shocks.
This makes palladium attractive for advanced traders, but it also means risk management is critical because swings can be wider than gold and often sharper than platinum.
What Moves the Palladium Price?
Auto Catalyst Demand (Core Driver)
Most palladium demand is linked to gasoline catalytic converters. Vehicle production and emissions policy can move prices sharply.
Russia Supply Risk
Russia is a major producer. Sanctions, logistics constraints, or geopolitical tension can quickly tighten supply expectations.
Platinum Substitution
Automakers can partially switch between palladium and platinum depending on price spreads, making relative-value shifts important.
EV Adoption Impact
Battery EVs do not use catalytic converters. Faster EV penetration can pressure long-term palladium demand growth.
Recycling Supply
Scrap catalyst recycling is a meaningful source. Strong recycling flow can cool spikes, while weak flow can tighten market balance.
Macro Risk and USD
As a USD-quoted metal, palladium is influenced by dollar strength, rates, and broad risk sentiment across commodities.
Historical Context (Major Price Regimes)
Palladium has one of the most dramatic commodity histories in recent years. The market moved from prolonged low levels into extreme deficit-driven highs, then corrected as substitution and demand expectations shifted.
| Year | Approx Price / Oz | Context |
|---|---|---|
| 2016 | ~$500 | Lower demand and softer deficit narrative |
| 2020 | ~$2,800 peak zone | Tight supply and strong catalyst demand |
| 2026 | $1,434.00 | Repricing after substitution and EV transition expectations |
If users ask why palladium dropped from prior highs, the short answer is: substitution toward platinum, changing auto mix, and long-term EV transition expectations.
Palladium vs Platinum (Most Searched)
| Feature | Palladium | Platinum |
|---|---|---|
| Symbol | XPD | XPT |
| Main use | Petrol catalysts | Diesel catalysts + industry |
| Top producer | Russia (major share) | South Africa (major share) |
| Investment flow | Niche / volatile | Broader metal baskets |
| Jewelry demand | Limited | More established |
Use live rates with this structural comparison, then cross-check on the platinum page before making allocation decisions.
Palladium vs Gold vs Silver vs Platinum (Live Snapshot)
| Metal | Price / Oz | Rarity | Main Use |
|---|---|---|---|
| Palladium | $1,434.00 | Rarest | Auto catalysts |
| Platinum | $1,989.00 | Rarer | Diesel catalysts / industry |
| Gold | $4,541.20 | Rare | Investment / jewelry |
| Silver | $76.092 | Common | Industrial / jewelry |
Producer and Consumer Country Context
Major producing countries include Russia, South Africa, Canada, and Zimbabwe. Supply headlines from these regions can reprice palladium faster than many other metals.
Major consuming economies include the USA, China, Germany, and Japan due to automotive and industrial catalyst demand.
To understand local affordability, combine palladium benchmark with live foreign exchange on the currency page.
EV Transition Impact (2026 Focus)
A key future question is what happens when EVs replace petrol cars. Battery EVs do not require catalytic converters, so long-run EV growth can reduce incremental palladium demand.
In the medium term, hybrid and ICE vehicle mix still matters. If EV adoption accelerates faster than expected, bearish pressure can increase. If adoption slows, catalyst demand can remain supportive for longer.
This is why palladium analysis now combines auto-sales data, emissions policy, and EV penetration trends rather than price chart alone.
FAQ
These FAQs focus on the real palladium questions users ask most: why it is volatile, what drives XPD pricing, and how to use the live benchmark before comparing quotes.
Related Metals
Related metals are useful here because palladium is rarely analysed in isolation. Its strongest comparisons usually involve platinum, gold, and wider commodity sentiment.
Gold
XAU • precious
$4,541.20
0.00%
Silver
XAG • precious
$76.092
0.00%
Platinum
XPT • precious
$1,989.00
0.00%