Palladium Price in 1975

In 1975, the price of palladium averaged $93 per troy ounce, down 30.1% from the year before. This page covers the 1975 average, the events that moved the market, and what that palladium would be worth in today's dollars.

1975 Average

$93

Annual average, USD/oz

Change vs 1974

-30.1%

from $133 in 1974

Palladium Price Chart, 1970 to 1990

Annual average palladium price per troy ounce, 1970 to 1990, with 1975 marked.

What happened to the palladium price in 1975

Palladium averaged $93 per troy ounce in 1975, collapsing 30.1% from the $133 average of 1974. The defining story of 1975: Recession pullback from 1974 peak.

In the 1970s palladium was still a minor precious metal used mainly in electronics and dentistry. It rode the decade's commodity booms and the 1979-80 precious-metals mania, but its defining demand driver, the automotive catalytic converter, was only just emerging.

Adjusted for inflation, palladium's 1975 average of $93 equals about $557 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of palladium in 1975?

Palladium averaged $93 per troy ounce in 1975, based on LBMA and USGS annual average data. That average was down 30.1% from $133 in 1974.

What is a 1975 palladium price worth in today's dollars?

Adjusted with the US Consumer Price Index, palladium's 1975 average of $93 works out to roughly $557 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

What moved the palladium price in 1975?

The defining story of 1975: Recession pullback from 1974 peak. Against that backdrop, the annual average fell 30.1%, from $133 in 1974 to $93.

Annual averages are USGS/Engelhard producer prices (1970 to 1988) and LBMA palladium prices (1989 to 2025) per troy ounce in US dollars. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.