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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

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.