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Palladium

Palladium Price Per Gram Today

Track the live palladium price per gram in USD. Real-time conversions from the XPD/USD spot price with interactive charts updated every minute.

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Understanding Palladium Price Per Gram

Per-gram pricing is especially relevant for palladium because the automotive industry measures catalytic converter loadings in grams. A typical gasoline catalytic converter uses 2-7 grams of palladium per unit, and supply is concentrated in Russia (~40%) and South Africa (~35%).

  • A typical gasoline catalytic converter uses 2-7 grams of palladium
  • About 80% of palladium demand comes from autocatalysts
  • Spent catalytic converters are a major secondary supply source (~25-30% of total supply)
  • Per-gram pricing is the standard for catalytic converter recyclers and auto scrap buyers

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Frequently Asked Questions

How is the palladium price per gram calculated?
The palladium price per gram is calculated by dividing the current XPD/USD spot price by 31.1035 (grams per troy ounce). This gives you the pure palladium value per gram at current market rates.
What is palladium used for?
Approximately 80% of palladium demand comes from automotive catalytic converters for gasoline engines. Other uses include electronics (multilayer ceramic capacitors), dentistry, hydrogen purification, and jewelry. The metal is essential for reducing harmful vehicle emissions.
Why is palladium so expensive?
Palladium prices are driven by persistent supply deficits, concentrated production in Russia and South Africa, and strong demand from the global gasoline vehicle fleet. However, prices have moderated from 2022 peaks as EV adoption reduces future demand expectations.
Where does palladium come from?
Russia (Norilsk Nickel) produces about 40% of global palladium, and South Africa contributes roughly 35%. Smaller amounts come from Canada, the United States, and Zimbabwe. Recycling of spent catalytic converters provides about 25-30% of total supply.