Palladium Price in 2017

In 2017, the price of palladium averaged $869 per troy ounce, up 41.8% from the year before. This page covers the 2017 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.

2017 Average

$869

Annual average, USD/oz

Change vs 2016

+41.8%

from $613 in 2016

2017 High

$1,072

from daily trading data

2017 Low

$680

from daily trading data

Year-End Close

$1,063

last trading day of 2017

Palladium Price Chart, 2005 to 2025

Annual average palladium price per troy ounce, 2005 to 2025, with 2017 marked.

What happened to the palladium price in 2017

Palladium averaged $869 per troy ounce in 2017, climbing 41.8% from the $613 average of 2016. Daily trading data shows palladium moved between a low of $680 and a high of $1,072 during the year, ending 2017 at $1,063. The defining story of 2017: Structural deficit; palladium up ~56% and passes $1,000 late in the year.

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 2017 average of $869 equals about $1,143 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 2017?

Palladium averaged $869 per troy ounce in 2017, based on LBMA and USGS annual average data. Daily prices ranged from a low of $680 to a high of $1,072, and the year closed at $1,063. That average was up 41.8% from $613 in 2016.

What is a 2017 palladium price worth in today's dollars?

Adjusted with the US Consumer Price Index, palladium's 2017 average of $869 works out to roughly $1,143 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 2017?

The defining story of 2017: Structural deficit; palladium up ~56% and passes $1,000 late in the year. Against that backdrop, the annual average climbed 41.8%, from $613 in 2016 to $869.

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.