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Palladium Price in 1984

In 1984, the price of palladium averaged $148 per troy ounce, up 8.8% from the year before. This page covers the 1984 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.

1984 Average

$148

Annual average, USD/oz

Change vs 1983

+8.8%

from $136 in 1983

What happened to the palladium price in 1984

Palladium averaged $148 per troy ounce in 1984, up 8.8% from $136 the year before.

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 1984 average of $148 equals about $459 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 1984?
Palladium averaged $148 per troy ounce in 1984, based on LBMA and USGS annual average data. That average was up 8.8% from $136 in 1983.
What is a 1984 palladium price worth in today's dollars?
Adjusted with the US Consumer Price Index, palladium's 1984 average of $148 works out to roughly $459 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.

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.