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Palladium Price in 2024 | Historical Palladium Prices

Annual summary, monthly averages, and key events that shaped palladium prices in 2024

← 202320242025 →

Jan 1

$1,260

Opening Price

Dec 31

$1,005

Closing Price

Year High

$1,320

Annual High

Year Low

$890

Annual Low

Annual Avg

$1,052

Average Price

vs 2023

-20.2%

Annual Change

Monthly Palladium Price Chart — 2024

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $920High: $1,240

Monthly Average Palladium Prices — 2024

MonthAvg Price (USD/oz)vs Prev Month
Jan 2024$1,240-1.6%
Feb 2024$1,080-12.9%
Mar 2024$1,010-6.5%
Apr 2024$990-2.0%
May 2024$940-5.1%
Jun 2024$930-1.1%
Jul 2024$970+4.3%
Aug 2024$1,020+5.2%
Sep 2024$1,010-1.0%
Oct 2024$980-3.0%
Nov 2024$920-6.1%
Dec 2024$1,005+9.2%

What Happened to Palladium in 2024?

Palladium continued its decline in 2024, falling another 20% to 2009 levels. The platinum-for-palladium catalyst substitution trend was firmly established, with most automakers completing the transition for new model years. EV sales growth reduced overall catalyst demand. Palladium fell below platinum prices for the first time since 2018.

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%

Related Pages

Live Palladium PriceAll Historical YearsPlatinum PriceGold PriceSilver Price