Palladium (XPD)
Palladium (XPD) spot price: $1,130.34. Market cap: $197.81 billion. Above-ground supply: 175,000,000 troy ounces. 52-week range: $892.50 – $2,190.20.
Data as of 2026-10-19 02:21 UTC.
Palladium FAQ
What does "XPD" mean?
XPD is the price of one troy ounce of palladium. "XPD" is the ISO code for palladium, X marks a non-national commodity, and PD is palladium's chemical symbol (named after the asteroid Pallas), paired against currency of your choice. For example, a quote of XPD/USD = 1,200 simply means one troy ounce of palladium costs $1,200 in USD.
How is the palladium spot price determined, and who sets it?
No single exchange sets the palladium spot price. The price here emerges from continuous over-the-counter trading between banks, dealers, and institutions globally. The figure shown here reflects this global interbank spot market, aggregated in real time.
How often is the palladium price on this page updated?
The palladium price refreshes in real time during global trading hours as new market quotes arrive, pausing only for a short daily break and over the weekend when major markets close. This means the price you see closely tracks live market conditions. The frontend cache here may be delayed by up to ~1 minute though, which is subject to our policy changes in the future.
Why does the palladium price fluctuate throughout the trading day?
Palladium's price shifts constantly as supply and demand move across markets in different time zones. It's overwhelmingly driven by automotive demand, since palladium is a key component of catalytic converters in gasoline engines, and by supply from a small number of producing countries. This narrow demand base makes palladium one of the most volatile precious metals, and it's also sensitive to shifts toward electric vehicles, which don't use catalytic converters.
What does "above-ground supply" of platinum mean?
Above-ground supply is all the palladium ever mined that still exists in recoverable form today, held as industrial stocks, bars, and reserves. Because the vast majority of palladium is consumed in catalytic converters and other industrial uses, above-ground stocks are small, with recycling recovering a meaningful share. It's a key metric because palladium's market value rests on this limited existing supply, not just newly mined output. It's updated per year.
What is a troy ounce (ozt), and how does it differ from a standard ounce?
A troy ounce is the standard unit for weighing precious metals and equals about 31.1 grams. It's heavier than a standard (avoirdupois) ounce of about 28.35 grams, roughly a 10% difference. Standard palladium prices are quoted per troy ounce.
See also: Home · Metals · Metal Supply Data: Gold, Silver & Copper · COMEX Gold & Silver Inventory · M2 Money Supply vs Gold & Metal Prices · Methodology: How ResourceCap Calculates Market Data