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, 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

2011 High

$862

from daily trading data

2011 Low

$539

from daily trading data

Year-End Close

$655

last trading day of 2011

Palladium Price Chart, 2001 to 2021

Annual average palladium price per troy ounce, 2001 to 2021, with 2011 marked.

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. Daily trading data shows palladium moved between a low of $539 and a high of $862 during the year, ending 2011 at $655.

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. Daily prices ranged from a low of $539 to a high of $862, and the year closed at $655. 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.