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Palladium Price in 2025

In 2025, the price of palladium averaged $1,150 per troy ounce, up 16.9% from the year before. This page covers the 2025 average, high, low, and year-end close, the events that moved the market, and what that palladium would be worth in today's dollars.

2025 Average

$1,150

Annual average, USD/oz

Change vs 2024

+16.9%

from $984 in 2024

What happened to the palladium price in 2025

Palladium averaged $1,150 per troy ounce in 2025, climbing 16.9% from the $984 average of 2024. The notable development of 2025: Rebounds off an April low near $866 to about $1,660 by year-end on slowing EV adoption and Russian-supply concerns.

The 2020s saw palladium hit record highs above $2,800, including an all-time high near $3,440 in March 2022 on Russia-sanctions fears, before a sharp decline as electric-vehicle adoption began eroding gasoline-catalyst demand.

Adjusted for inflation, palladium's 2025 average of $1,150 equals about $1,150 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 2025?
Palladium averaged $1,150 per troy ounce in 2025, based on LBMA and USGS annual average data. That average was up 16.9% from $984 in 2024.
What is a 2025 palladium price worth in today's dollars?
Adjusted with the US Consumer Price Index, palladium's 2025 average of $1,150 works out to roughly $1,150 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 2025?
The defining story of 2025: Rebounds off an April low near $866 to about $1,660 by year-end on slowing EV adoption and Russian-supply concerns. Against that backdrop, the annual average climbed 16.9%, from $984 in 2024 to $1,150.

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.