Palladium Price in 1996

In 1996, the price of palladium averaged $130 per troy ounce, down 15.0% from the year before. This page covers the 1996 average, the events that moved the market, and what that palladium would be worth in today's dollars.

1996 Average

$130

Annual average, USD/oz

Change vs 1995

-15.0%

from $153 in 1995

Palladium Price Chart, 1986 to 2006

Annual average palladium price per troy ounce, 1986 to 2006, with 1996 marked.

What happened to the palladium price in 1996

Palladium averaged $130 per troy ounce in 1996, sliding 15.0% from the $153 average of 1995. The notable development of 1996: Ranged ~$116-150 as Russian shipments resumed.

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 1996 average of $130 equals about $267 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 1996?

Palladium averaged $130 per troy ounce in 1996, based on LBMA and USGS annual average data. That average was down 15.0% from $153 in 1995.

What is a 1996 palladium price worth in today's dollars?

Adjusted with the US Consumer Price Index, palladium's 1996 average of $130 works out to roughly $267 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 1996?

The defining story of 1996: Ranged ~$116-150 as Russian shipments resumed. Against that backdrop, the annual average fell 15.0%, from $153 in 1995 to $130.

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.