Palladium Bullion Price Charts

Palladium is a highly desirable commodity. All sorts of buyers and sellers across the world are the makeup of supply and demand forces influencing palladium prices. The availability of palladium supplies from mines, scrap recovery, stockpile disposals and investor liquidations versus demand from industrial uses, jewelry fabrication and investor acquisitions are the driving force behind palladium prices. The two key factors influencing the price of palladium are (a) from investor hoarding, and (b) from increased consumption of catalyst converters in cars, especially in Asia.

One way to compare palladium prices is examining how it relates to gold prices. That is, how many ounces of palladium will one ounce of gold get you? With the recent strength in the palladium markets, that ratio has reached just one and a half ounces. Generally, however, it has ranged around two ounces of palladium per ounce of gold, and in volatile times, such as after the financial crisis, nearly five-to-one. For current ratio and historical charts, get the Monex Bullion Investor smartphone app available for both Apple and Android smartphones.

The term “spot” represents present settlement and delivery terms, rather than a forward term contract and associated price. Common practice of the metals industry is to publish a benchmark market value, which most universally is a particular day's final settlement price per ounce of the New York commodity futures exchange (NYMEX) “spot” month. At other times of the day, metals dealers assess world markets to infer what they believe to be a benchmark spot palladium price. Monex monitors marketplace activities and adjusts its Ask, Bid and Spot palladium prices frequently. In active market conditions when palladium can become extremely volatile, prices can change almost continuously for extended periods.

Of the four precious metals, palladium is the tightest, least heavily traded marketplace. As such, it is certainly likely that palladium will be traded near, but not necessarily at the same relative price across the globe at any one moment. It is not practical for the investing public to attempt to arbitrage any potential differences. The Monex live spot palladium price for its 11-hour trading day can be found here at our Live Prices page and by using the Monex Bullion Investor smartphone app available for both Apple and Android smartphones.

The five palladium price charts above are for Monex Spot Palladium, which represent the midpoint between Monex bid and ask prices per ounce, for pure palladium bullion. The 3-Month Live chart incorporates the latest Palladium Bullion price for the current trading day, while the 6-Month Candlestick, 1-Year Close, 5-Year Close and 10-Year Close charts use just the final Spot Palladium price for the previous trading day. These charts are the widely accessible chart information available to all Monex customers and prospective customers, as well as to websites, competitors, researchers and government officials alike.

In addition, Monex is pleased to offer our customers and prospective customers a wide selection of other tools, including exclusive and customized charts not available to the general public. Located on special restricted-access pages, these additional charts and tools are available via special links which can be sent to qualified recipients in special emails sent from Monex. For access to these additional charts and tools, please call a Monex account representative.

Palladium prices are influenced by trading of the precious metals complex as a whole. The big-3 more popular precious metals are down significantly from their high prices. However, palladium's very positive fundamentals have proved to favor it over platinum and it has performed quite positively relative to the other metals. This is most clear when considering how many ounces of palladium can be acquired with the value of one ounce of gold, which is now less than two ounces. In fact, palladium is currently approaching the per-ounce spot price of platinum.