Palladium Price in 1999

In 1999, the price of palladium averaged $363 per troy ounce, up 25.2% from the year before. This page covers the 1999 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.

1999 Average

$363

Annual average, USD/oz

Change vs 1998

+25.2%

from $290 in 1998

What happened to the palladium price in 1999

Palladium averaged $363 per troy ounce in 1999, climbing 25.2% from the $290 average of 1998. The notable development of 1999: Continued Russian supply uncertainty; record ~$454 in late December.

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 1999 average of $363 equals about $702 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 1999?

Palladium averaged $363 per troy ounce in 1999, based on LBMA and USGS annual average data. That average was up 25.2% from $290 in 1998.

What is a 1999 palladium price worth in today's dollars?

Adjusted with the US Consumer Price Index, palladium's 1999 average of $363 works out to roughly $702 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 1999?

The defining story of 1999: Continued Russian supply uncertainty; record ~$454 in late December. Against that backdrop, the annual average climbed 25.2%, from $290 in 1998 to $363.

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.