Commodity
Palladium
The palladium price in dollars per troy ounce. Concentrated in gasoline autocatalysts, it tracks the vehicle production cycle and the supply risk of output clustered in Russia and South Africa.
At a glance
Palladium: latest value and prior change
As of 2026-09-17, Palladium is 1,308 USD/oz. It is 7.90 USD/oz higher than 1,300 USD/oz on 2026-09-16.
Across 96 available observations from 2026-05-04 to 2026-09-17, the latest value is at the tie-adjusted 44th percentile.
- Observed on
- Default comparison window
- 2026-05-04–2026-09-17
- Observations · observed cadence
- 96 · Daily
- Data source
- Yahoo Finance
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
Time-series chart
Palladium
2026-05-04–2026-09-17
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-09-17 | 1,308 USD/oz | 2026-09-16 | 7.90 USD/oz |
| 2026-09-16 | 1,300 USD/oz | 2026-09-15 | 10.90 USD/oz |
| 2026-09-15 | 1,289 USD/oz | 2026-09-14 | -5.40 USD/oz |
| 2026-09-14 | 1,295 USD/oz | 2026-09-11 | -16.30 USD/oz |
| 2026-09-11 | 1,311 USD/oz | 2026-09-10 | 29.60 USD/oz |
| 2026-09-10 | 1,281 USD/oz | 2026-09-09 | -86.00 USD/oz |
| 2026-09-09 | 1,367 USD/oz | 2026-09-08 | 11.70 USD/oz |
| 2026-09-08 | 1,356 USD/oz | 2026-09-07 | -48.30 USD/oz |
| 2026-09-07 | 1,404 USD/oz | 2026-09-04 | 13.80 USD/oz |
| 2026-09-04 | 1,390 USD/oz | 2026-09-03 | -35.80 USD/oz |
Source: Yahoo Finance
Interpretation guide
Palladium: a price written by gasoline autocatalysts
Palladium goes into the catalytic converters of gasoline vehicles, concentrating nearly all its demand in one industry. Supply is concentrated in Russia and South Africa, making it sensitive to geopolitics — and with both sides resting on few pillars, it is among the most volatile major metals.
What moves the price
Palladium is mostly a by-product of mining other metals, so supply responds slowly even to high prices. That inelasticity has repeatedly amplified demand shocks into price spikes.
- Russia's large supply share makes sanctions or export limits immediate price events.
- By-product economics keep new supply slow to arrive even at elevated prices.
- Vehicle production disruptions — chip shortages, for instance — cut demand directly.
The structural pressure of electrification
Electric vehicles need no catalytic converter. As electrification advances, palladium's largest demand source shrinks, leaving the price caught between short-term supply issues and long-term demand decline.
- A rising EV share of sales is a long-run drag on palladium demand.
- A larger hybrid share preserves catalyst demand and softens that pressure.
- Substitution toward platinum in catalysts erodes palladium demand further.
How Korean investors can use it
Palladium reflects both auto-industry input costs and geopolitical risk. But the market is small and volatile, so treat it as a noisy macro signal.
- Sharp rallies read as a cost warning for auto parts suppliers.
- The palladium-to-platinum ratio is the practical gauge of catalyst substitution.
- A small market means modest flows can move the price a great deal.