Palladium Price Per Ounce Today
Track the live palladium spot price per troy ounce in USD. Real-time XPD/USD data from COMEX with interactive charts and supply-demand analysis.
Interactive Chart
Price Chart
24h Change
24h Range
Bid / Ask
All-Time High
Understanding the Palladium Spot Price
The palladium spot price is quoted as XPD/USD, with futures trading on COMEX under the symbol PA (100 troy ounces per contract). Palladium surged from ~$500/oz in 2016 to over $3,440/oz in March 2022 before correcting as EV adoption accelerated and platinum substitution efforts progressed.
- COMEX palladium futures (PA) represent 100 troy ounces per contract
- All-time high of $3,440/oz reached in March 2022
- About 80% of demand comes from gasoline autocatalysts
- Russia (~40%) and South Africa (~35%) dominate global supply
Buy Palladium Online
Browse trusted dealers, compare prices on coins and bars, and buy with confidence.
Where to Buy PalladiumQuick Links
Frequently Asked Questions
What is the palladium price per ounce today?
The palladium price per ounce changes continuously during market hours. Visit our live palladium chart for real-time XPD/USD prices updated every minute from COMEX spot data.
How does palladium compare to platinum?
Both are platinum group metals used in catalytic converters, but palladium is used primarily in gasoline engines while platinum dominates in diesel. Palladium was more expensive than platinum from 2018 to 2023, though the gap has narrowed as substitution efforts and EV adoption reshape demand.
What happened to palladium prices in 2022?
Palladium hit its all-time high of $3,440/oz in March 2022, driven by fears of Russian supply disruptions following the invasion of Ukraine. Russia produces about 40% of the world's palladium. Prices subsequently declined as supply flowed through alternative channels.
Is palladium a good investment?
Palladium is highly volatile and illiquid compared to gold or silver. Its price is heavily dependent on the automotive industry, which is transitioning to electric vehicles. While supply deficits can drive sharp price spikes, the long-term demand outlook is uncertain.