Palladium Price in 1977
In 1977, the price of palladium averaged $49 per troy ounce, down 3.9% from the year before. This page covers the 1977 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.
1977 Average
$49
Annual average, USD/oz
Change vs 1976
-3.9%
from $51 in 1976
What happened to the palladium price in 1977
Palladium averaged $49 per troy ounce in 1977, down 3.9% from $51 the year before. The notable development of 1977: NYMEX palladium futures launched.
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 1977 average of $49 equals about $261 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 1977?
What is a 1977 palladium price worth in today's dollars?
What moved the palladium price in 1977?
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.