Palladium Price in 2014

In 2014, the price of palladium averaged $803 per troy ounce, up 10.2% from the year before. This page covers the 2014 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.

2014 Average

$803

Annual average, USD/oz

Change vs 2013

+10.2%

from $729 in 2013

2014 High

$912

from daily trading data

2014 Low

$697

from daily trading data

Year-End Close

$796

last trading day of 2014

Palladium Price Chart, 2004 to 2024

Annual average palladium price per troy ounce, 2004 to 2024, with 2014 marked.

What happened to the palladium price in 2014

Palladium averaged $803 per troy ounce in 2014, up 10.2% from $729 the year before. Daily trading data shows palladium moved between a low of $697 and a high of $912 during the year, ending 2014 at $796. The notable development of 2014: S. African platinum-belt strikes and Russia/Ukraine tensions tighten supply.

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 2014 average of $803 equals about $1,093 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 2014?

Palladium averaged $803 per troy ounce in 2014, based on LBMA and USGS annual average data. Daily prices ranged from a low of $697 to a high of $912, and the year closed at $796. That average was up 10.2% from $729 in 2013.

What is a 2014 palladium price worth in today's dollars?

Adjusted with the US Consumer Price Index, palladium's 2014 average of $803 works out to roughly $1,093 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.

What moved the palladium price in 2014?

The defining story of 2014: S. African platinum-belt strikes and Russia/Ukraine tensions tighten supply. Against that backdrop, the annual average climbed 10.2%, from $729 in 2013 to $803.

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.