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Palladium Price in 2022 | Historical Palladium Prices
Annual summary, monthly averages, and key events that shaped palladium prices in 2022
Jan 1
$1,830
Opening Price
Dec 31
$1,795
Closing Price
Year High
$3,440
Annual High
Year Low
$1,435
Annual Low
Annual Avg
$2,101
Average Price
vs 2021
-1.9%
Annual Change
Monthly Palladium Price Chart — 2022
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $1,750High: $3,200
What Happened to Palladium in 2022?
Russia’s Ukraine invasion caused palladium to spike to $3,440 in March 2022 (Russia supplies 40% of global palladium). However, the spike was short-lived as platinum substitution accelerated and demand destruction from high prices offset supply fears. Palladium ended the year essentially flat.