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, 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

Palladium Price Chart, 1995 to 2015

Annual average palladium price per troy ounce, 1995 to 2015, with 2005 marked.

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.