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?
What is a 2025 palladium price worth in today's dollars?
What moved the palladium price in 2025?
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.