Palladium Price Calculator
Price source: Spot price from Gold-API.com, with the front-month CME futures price (via Yahoo Finance) as a fallback. Prices are cached by our server and CDN, so they can lag the market by up to about an hour. How we check accuracy
How palladium is priced
Palladium is quoted in US dollars per troy ounce (31.1034768 g).
The LBMA Palladium Price is set twice each London business day alongside platinum. CME palladium futures (PA) cover 100 troy ounces.
Most demand is industrial (vehicle catalytic converters), so the price can move sharply on car-production and emissions news.
Palladium grades
| Grade | Fineness | Where you see it |
|---|---|---|
| 999.5 | 99.95% | Minimum for London good-delivery plate and ingot |
| 950 Pd | 95% | Jewellery |
| 500 Pd | 50% | Lowest hallmarked grade in the UK |
Metal value = weight × fineness × price per unit of pure metal.
Worked examples
- A 100 g palladium bar
- 100 ÷ 31.1034768 = 3.2151 troy oz. At an illustrative $1,200/oz that is $3,858.09.
- Price per gram from price per ounce
- Divide the ounce price by 31.1034768: $1,200/oz = $38.58/g.
Prices in examples are illustrative; use the calculator above for the current price.
Common pitfalls
- Palladium bullion is less widely traded than gold or silver, so dealer spreads are wider and fewer dealers buy it back.
- Palladium is also a "white" metal used in white gold alloys; a white gold ring is valued as gold, not palladium.
Weights used for palladium
Precious metals are priced in troy ounces; everyday scales use avoirdupois ounces and pounds.
| Unit | Grams | Troy ounces |
|---|---|---|
| 1 gram | 1 | 0.03215 |
| 1 troy ounce | 31.1034768 | 1 |
| 1 ounce (avoirdupois) | 28.3495231 | 0.91146 |
| 1 tola | 11.6638038 | 0.375 |
| 1 pound (avoirdupois) | 453.59237 | 14.58333 |
| 1 kilogram | 1,000 | 32.15075 |
Frequently asked questions
What unit is palladium priced in?
US dollars per troy ounce. One troy ounce is 31.1034768 grams, about 9.7% more than the 28.35 g ounce used on kitchen scales. To get the price per gram, divide the ounce price by 31.1034768.
Why is a dealer's palladium price different from spot?
Spot is the wholesale price for large bars. Coins and small bars are sold with a premium that covers minting, distribution and the dealer's margin, and dealers buy back below spot. The calculator shows metal value at spot.
Sources
- NIST Handbook 44, Appendix C: General Tables of Units of Measurement — NIST
- LBMA precious metal prices (gold, silver, platinum, palladium) — London Bullion Market Association
- Palladium futures (PA) contract specifications — CME Group
Other metal calculators
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