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Palladium Price in 2020 | Historical Palladium Prices

Annual summary, monthly averages, and key events that shaped palladium prices in 2020

← 201920202021 →

Jan 1

$1,970

Opening Price

Dec 31

$2,364

Closing Price

Year High

$2,875

Annual High

Year Low

$1,551

Annual Low

Annual Avg

$2,198

Average Price

vs 2019

+20%

Annual Change

Monthly Palladium Price Chart — 2020

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $1,780High: $2,700

Monthly Average Palladium Prices — 2020

MonthAvg Price (USD/oz)vs Prev Month
Jan 2020$2,230+13.2%
Feb 2020$2,700+21.1%
Mar 2020$2,140-20.7%
Apr 2020$1,780-16.8%
May 2020$1,900+6.7%
Jun 2020$1,950+2.6%
Jul 2020$2,280+16.9%
Aug 2020$2,350+3.1%
Sep 2020$2,340-0.4%
Oct 2020$2,380+1.7%
Nov 2020$2,430+2.1%
Dec 2020$2,364-2.7%

What Happened to Palladium in 2020?

Palladium hit $2,875 in February 2020 before COVID-19 crashed auto production and drove prices to $1,551. The subsequent recovery was rapid as Chinese auto sales bounced back. Palladium ended 2020 at $2,364, up 20%. The structural deficit persisted despite COVID-related demand disruption.

Browse All Years

2000+143.3%2001-60%2002-47.9%2003-11.4%2004-7.9%2005+51.6%2006+18.4%2007+6.6%2008-48.9%2009+123.6%2010+95.6%2011-19.1%2012+8.5%2013+4.3%2014+10.1%2015-29.6%2016+19.8%2017+56.7%2018+18.5%2019+56.7%2020+20%2021-22.6%2022-1.9%2023-29.8%2024-20.2%2025+1.9%2026+6.2%

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