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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 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

Palladium Price Chart, 1974 to 1994

Annual average palladium price per troy ounce, 1974 to 1994, with 1984 marked.

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.