Palladium Price in 2005

In 2005, the price of palladium averaged $204 per troy ounce, down 12.4% from the year before. This page covers the 2005 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.

2005 Average

$204

Annual average, USD/oz

Change vs 2004

-12.4%

from $233 in 2004

2005 High

$300

from daily trading data

2005 Low

$167

from daily trading data

Year-End Close

$256

last trading day of 2005

What happened to the palladium price in 2005

Palladium averaged $204 per troy ounce in 2005, down 12.4% from $233 the year before. Daily trading data shows palladium moved between a low of $167 and a high of $300 during the year, ending 2005 at $256.

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 2005 average of $204 equals about $337 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 2005?

Palladium averaged $204 per troy ounce in 2005, based on LBMA and USGS annual average data. Daily prices ranged from a low of $167 to a high of $300, and the year closed at $256. That average was down 12.4% from $233 in 2004.

What is a 2005 palladium price worth in today's dollars?

Adjusted with the US Consumer Price Index, palladium's 2005 average of $204 works out to roughly $337 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.

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.