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Palladium Price in 2011

In 2011, the price of palladium averaged $738 per troy ounce, up 39.0% from the year before. This page covers the 2011 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.

2011 Average

$738

Annual average, USD/oz

Change vs 2010

+39.0%

from $531 in 2010

What happened to the palladium price in 2011

Palladium averaged $738 per troy ounce in 2011, climbing 39.0% from the $531 average of 2010.

The 2010s were a powerful bull market. A persistent structural deficit, driven by tightening gasoline-engine emissions rules that favor palladium, carried the metal from around $530 to over $1,500, overtaking both platinum and gold late in the decade.

Adjusted for inflation, palladium's 2011 average of $738 equals about $1,058 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 2011?
Palladium averaged $738 per troy ounce in 2011, based on LBMA and USGS annual average data. That average was up 39.0% from $531 in 2010.
What is a 2011 palladium price worth in today's dollars?
Adjusted with the US Consumer Price Index, palladium's 2011 average of $738 works out to roughly $1,058 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.