Palladium Price in 1982

In 1982, the price of palladium averaged $67 per troy ounce, down 29.5% from the year before. This page covers the 1982 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.

1982 Average

$67

Annual average, USD/oz

Change vs 1981

-29.5%

from $95 in 1981

What happened to the palladium price in 1982

Palladium averaged $67 per troy ounce in 1982, sliding 29.5% from the $95 average of 1981. The notable development of 1982: Cyclical low amid global recession.

The 1980s opened with the collapse of the 1980 precious-metals bubble and a deep recession low, then recovered as three-way catalytic converters spread and autocatalyst demand for palladium began to build in earnest.

Adjusted for inflation, palladium's 1982 average of $67 equals about $224 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 1982?

Palladium averaged $67 per troy ounce in 1982, based on LBMA and USGS annual average data. That average was down 29.5% from $95 in 1981.

What is a 1982 palladium price worth in today's dollars?

Adjusted with the US Consumer Price Index, palladium's 1982 average of $67 works out to roughly $224 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 1982?

The defining story of 1982: Cyclical low amid global recession. Against that backdrop, the annual average fell 29.5%, from $95 in 1981 to $67.

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.