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, high, low, and year-end close, 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

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.