Palladium Price per Gram: Conversion Table#
One gram of palladium prices from the same USD spot figure as DailyPlatinum's other unit pages. The table below adds 10 grams, one kilogram and one troy ounce.
| Weight | Grams | Troy ounces | Price (USD) |
|---|---|---|---|
| 1 gram | 1 | 0.0322 | $37.46 |
| 10 grams | 10 | 0.3215 | $374.56 |
| 1 troy ounce | 31.1034768 | 1 | $1,165.00 |
| 1 kilogram | 1,000 | 32.1507466 | $37,455.62 |
This factor also drives the troy ounce converter.
How the Gram Price Is Calculated#
The USD price per gram is the palladium OTC spot price per troy ounce, divided by 31.1034768, the exact number of grams in one troy ounce.
Price per gram (USD)
= (OTC spot price per troy ounce, USD / 31.1034768)
Illustrative only (not today's price): if the OTC spot price were $1,500/troy oz, then
price per gram = (1,500 / 31.1034768) = $48.23/gram
This quote also underlies NYMEX palladium futures, a 100-troy-ounce contract, and the LBMA Palladium Price, auctioned since 1 July 2026. This page shows a dealer spot quote instead, since redistribution needs a separate license. The table below names every series that touches palladium's price.
| Series | Quote type | Unit as published | Currency | Frequency | Source |
|---|---|---|---|---|---|
| LBMA Palladium Price | Benchmark auction | USD per troy ounce | USD | Once daily, after the platinum auction | ICE Benchmark Administration |
| NYMEX Palladium futures | Futures settlement | USD per troy ounce | USD | Continuous trading, daily settlement | CME Group |
| Johnson Matthey Base Price | Dealer/refiner quote | USD per troy ounce | USD | Four times daily | Johnson Matthey |
| Dealer OTC spot (this page) | Spot/composite quote | USD per troy ounce | USD | Continuous | Data vendor |
What Moves the Palladium Price#
Three factors move the palladium price: the LBMA and NYMEX benchmarks, platinum-for-palladium substitution, and Russian supply. What drives the platinum price covers all nine.
- Benchmark: the LBMA Palladium Price auction and NYMEX's 100-troy-ounce futures settlement.
- Substitution: automakers added about 720,000 ounces of platinum into gasoline catalysts in 2024 as palladium's premium unwound (Metals Focus).
- Supply: an estimated 44.8% of world primary palladium came from Russia in 2025 (Johnson Matthey).
Buying and Selling Palladium by the Gram#
Bullion dealers price palladium bars and coins by the troy ounce; this page's gram figure converts that for comparison. JM Bullion's dated pricing (5 to 6 August 2026) shows premiums of 13.4% on a 1-ounce bar, 12.6% on a 10-ounce bar, 32.1% on the Canadian Palladium Maple Leaf, and 71.7% on the American Palladium Eagle. Wholesale palladium instead trades as LPPM Good Delivery plates and ingots, 1 to 6 kilograms at 99.95% fineness.
The bar, coin, ETF and futures routes under investing in platinum apply to palladium; how to buy platinum covers the same steps.
- Bars: 1-ounce and 10-ounce, priced per ounce then converted to grams.
- Coins: American Palladium Eagle and Canadian Palladium Maple Leaf, both 1 troy ounce, .9995 fine.
- Wholesale: LPPM Good Delivery plates and ingots, 1 to 6 kilograms, 99.95% fineness.
Palladium vs Gold, per Gram#
Per gram, palladium and gold price on separate USD benchmarks, so their ratio moves daily, not by a fixed multiple. Palladium peaked above gold at its all-time high of $3,440.76 per troy ounce on 7 March 2022; gold has led since, reaching $5,608.35 per troy ounce in January 2026. The widget above shows $37.46 against $132.96, a ratio of 28.2%%. Differences sit on palladium vs gold.
Other PGMs by the Gram#
Palladium is one of six PGMs priced by the gram on DailyPlatinum. The table below links each metal's gram price page.
| Metal | Live price page |
|---|---|
| Platinum | platinum price per gram today |
| Rhodium | rhodium price per gram today |
| Iridium | iridium price per gram today |
| Ruthenium | ruthenium price per gram today |
| Osmium | osmium price per gram today |
Palladium in Other Units#
Palladium's price is also published per 10 grams and per kilogram, and its identity as Pd, element 46, sits on the metal page.
- Palladium price per 10 grams today
- Palladium price per kilogram today
- Palladium (Pd), element 46
Palladium Price per Gram FAQ#
Is palladium worth any money?#
Yes: palladium trades as an exchange-listed metal, with a 100-troy-ounce NYMEX futures contract and an LBMA Palladium Price auctioned since 1 July 2026. It has traded as high as $3,440.76 per troy ounce, its all-time high.
What metal is 30 times rarer than gold?#
That description usually applies to platinum, not palladium; no verified rarity multiple against gold exists here. What is documented: an estimated 44.8% of world primary palladium came from Russia in 2025 (Johnson Matthey).
Why is palladium so cheap now?#
Palladium sits well below its 2022 high because automakers substituted platinum into gasoline autocatalysts as its premium unwound, adding about 720,000 ounces of platinum demand in 2024 (Metals Focus). Its average fell from $2,112 in 2022 to $984 in 2024.
Is palladium rarer than gold?#
DailyPlatinum's sources hold no verified mine-production comparison against gold, so no ratio is stated here. Palladium's primary supply is instead concentrated in Russia and South Africa.
Who is the biggest buyer of palladium?#
Gasoline vehicle autocatalysts are palladium's largest end use, since palladium is the primary metal in three-way catalytic converters. No verified demand-share percentage is held in DailyPlatinum's sources.
Is it better to invest in palladium or platinum?#
Neither metal is categorically better on the facts here: both trade through the bar, coin, ETF and futures routes described above under investing in platinum. The choice depends on a buyer's own view of the drivers listed above.