As of early January 2026, the palladium price per gram fluctuates but generally sits around $58 to $60 USD, though prices vary slightly by dealer and real-time market changes, converting to roughly A$87, €51-€52, or £43-£44 per gram depending on the exchange rate. Always check a live metal price site for the most current rates, as they update constantly.
Palladium's price has decreased as a result of Russia's massive output of the metal, concerns over the popularity of electric vehicles, and platinum's increasing role in the production of catalytic converters. Together, these three factors make palladium far cheaper than it was just two years ago.
In India, Today's price of a Palladium is ₹39,382/10g, and is witnessing a declining in trend of 1. 46%.
As of January 4, 2026 at 09:18 PM ET, the live Palladium spot price for 1 ounce of Palladium in U.S. dollars (USD) is $1,666.13, 1 gram of Palladium is $53.57 and 1 kilogram of Palladium is $53,567.32. Palladium spot price can fluctuate by the second, driven by investment supply and demand, and other factors.
Currently, the spot price for one gram (1g) of Palladium is £41.40. However, it's possible to track the real-time changing price of palladium in grams, plus daily, weekly, monthly and yearly historic trends using BullionVault's live palladium price chart above. Is palladium cheaper than gold?
Over the past month, Palladium's price has risen 18.20%, and is up 92.41% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Palladium reached an all time high of 3440.76 in March of 2022.
For palladium, the median 2026 forecast in the Reuters' poll was $1,262.50 an ounce, up from $1,100 in the previous poll and the 2025 expected average of $1,106.
Palladium is used in catalytic converters for automobiles, in fuel cells to generate power, in jewelry, dental fillings, and electronic components. Catalytic converters convert the toxic gases from automobiles into less harmful substances.
If you invested $1,000 in gold 10 years ago (around late 2015/early 2016), your investment would likely be worth significantly more today (late 2025), potentially in the range of $2,000 to over $3,000, reflecting substantial price appreciation, though less than the S&P 500 but outperforming during certain periods of market stress, acting as a hedge against uncertainty, with returns varying based on exact entry/exit points and premiums/spreads.
But why do jewelers not like platinum? The answer lies in its unique properties that make it both a prized and challenging material to work with. Platinum is significantly denser than gold, making it heavier and more difficult to shape. This density also causes tools to wear down faster, increasing costs for jewelers.
Elon Musk stated that China's restrictions on silver exports are "not good," emphasizing silver's critical role in industrial processes, especially for green tech like solar panels, electric vehicles (EVs), and electronics, warning that supply constraints could hinder the energy transition as demand outpaces supply. He highlighted silver's essential nature for manufacturing in numerous sectors, reacting to rising prices and potential shortages.
Platinum is one of the rarest metals, occurring at very low concentrations in the Earth's crust. It is 30 times rarer than gold.
Although palladium can rise in price quite significantly, the additional 20% outlay does mean a much higher spread before you break even. As palladium is rarer to mine, and produced in far lower numbers than gold and silver bullion, the premiums also tend to be higher.
The metal's high volatility also means you could see sharp drops in a short period. If you're looking for a pure store of value, gold remains the safer bet. Platinum can still be a worthwhile purchase if you love the look and the durability, but you should treat it as a fashion expense rather than a financial asset.
Yes, some analysts and forecasts suggest gold could reach $10,000 an ounce, with targets pointing towards late 2028 or the end of the decade, driven by factors like currency debasement fears, central bank buying, geopolitical risk, and inflation hedges, though it's a highly speculative long-term call with no guarantee.
Palladium has one notable characteristic working in its favor compared to other precious metals. It's much rarer than gold or silver, which can potentially drive up the price through imbalances in supply and demand. The downside, however, is that palladium prices tend to be more volatile than gold or silver prices.
Palladium prices are down mainly due to decreasing demand from the automotive sector (driven by the shift to electric vehicles and substitution with platinum), reduced fears of Russian supply disruptions, and broader economic factors like profit-taking and a stronger dollar, with ongoing substitution by automakers keeping prices suppressed despite some supply deficits. While palladium saw a rally in 2025, the long-term trend reflects lower industrial need and easier substitution.
Most analysts see the price of gold settling between $4,000 and $5,000 per troy ounce in 2026, with caveats. For instance, Goldman Sachs has a price target of $4,900.
Palladium readily adsorbs hydrogen at room temperatures, forming palladium hydride PdHx with x less than 1. While this property is common to many transition metals, palladium has a uniquely high absorption capacity and does not lose its ductility until x approaches 1.
Scrap gold prices per gram vary significantly by purity (karat) and market rates, but generally range from around $50-$80+ for 10K (41.6%), $80-$120+ for 14K (58.3%), $100-$150+ for 18K (75%), and up to $130-$200+ for 22K (91.6%), with pure 24K gold fetching the highest prices, often over $130-$200 per gram depending on the buyer and current spot price. Always check live rates for your specific karat and location, as prices fluctuate hourly and buyers pay less than the spot price to cover costs.
Yes, silver did "skyrocket" in 2025, with prices more than doubling, reaching all-time highs (over $70/ounce), driven by extreme supply deficits, booming industrial demand (EVs, solar, AI), significant investment inflows, and its role as an inflation hedge, significantly outperforming gold and surprising most forecasts. Experts suggest this surge reflects fundamental supply/demand shifts, with potential for sustained high prices, though volatility remains.
9 Rarest Precious Metals: Unveiling Their Value And Significance