Palladium Price in 1991

In 1991, the price of palladium averaged $89 per troy ounce, down 23.3% from the year before. This page covers the 1991 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.

1991 Average

$89

Annual average, USD/oz

Change vs 1990

-23.3%

from $116 in 1990

What happened to the palladium price in 1991

Palladium averaged $89 per troy ounce in 1991, sliding 23.3% from the $116 average of 1990. The notable development of 1991: Decade low amid Soviet stockpile sales and recession.

The 1990s were dominated by Russian supply. Erratic exports from Russia's giant stockpile, which supplied much of the world's palladium, whipsawed prices from a decade low near $89 to a sharp late-decade rally as shipments were repeatedly delayed.

Adjusted for inflation, palladium's 1991 average of $89 equals about $211 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 1991?

Palladium averaged $89 per troy ounce in 1991, based on LBMA and USGS annual average data. That average was down 23.3% from $116 in 1990.

What is a 1991 palladium price worth in today's dollars?

Adjusted with the US Consumer Price Index, palladium's 1991 average of $89 works out to roughly $211 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 1991?

The defining story of 1991: Decade low amid Soviet stockpile sales and recession. Against that backdrop, the annual average fell 23.3%, from $116 in 1990 to $89.

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.