Palladium Price in 2000
In 2000, the price of palladium averaged $692 per troy ounce, up 90.6% from the year before. This page covers the 2000 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.
2000 Average
$692
Annual average, USD/oz
Change vs 1999
+90.6%
from $363 in 1999
What happened to the palladium price in 2000
Palladium averaged $692 per troy ounce in 2000, surging 90.6% from the $363 average of 1999. Annual moves of that size are rare and put 2000 among the most explosive years in the metal's modern history. The defining story of 2000: Russian-supply crisis; price rockets from ~$440 toward a record ~$985 by year-end.
The 2000s began with an extraordinary supply-crisis spike, as fears over Russian exports drove palladium to a record $1,094 fix in January 2001. The bubble then burst, and automakers thrifting and substituting away from palladium sent prices to multi-year lows before a mid-decade recovery.
Adjusted for inflation, palladium's 2000 average of $692 equals about $1,295 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 2000?
What is a 2000 palladium price worth in today's dollars?
What moved the palladium price in 2000?
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.