Palladium price today in euro: per gram, per ounce and per kilo

How the palladium price in euro is formed

The reference is the Fixing preziosi FT Mercati for palladium, calculated twice a day at the same times as platinum, at 10:45 and 15:00 Italian time: the mean of two spot prices sampled 30 and 60 seconds after the start, in dollars per troy ounce; the value in euro is obtained at the spot exchange rate sampled 60 seconds after the start. The price per gram and per kilo are derived from the value per ounce. In London the palladium auction starts at the conclusion of the platinum auction.

The palladium price in euro therefore depends on two things: the dollar price on international markets and the euro-dollar exchange rate. On this site we publish the previous session's fixings; FT Mercati subscribers receive the day's fixings as soon as they are calculated and the real-time spot price, on the web and in the app, together with the full history.

What the palladium price depends on

Palladium is the metal of catalytic converters for petrol cars: more than 80% of demand comes from the car industry. The rest is split between electronics, where it is used in ceramic capacitors, chemicals, dentistry and jewellery, where it also goes into white gold alloys.

Supply is even more concentrated than that of platinum: Russia and South Africa together mine about three quarters of the world's palladium, and a significant share of supply comes from recycling catalytic converters. That is why sanctions, tariffs and news about Russian and South African mines move the price. On the demand side the key factors are sales of petrol and hybrid cars, the spread of electric cars, which do not use catalytic converters, and substitution with platinum in catalytic converters when palladium costs more.

Gram, troy ounce and kilo: the conversions

Palladium is quoted in dollars per troy ounce on international markets; in Italy jewellers and refiners work in euro per gram, industry in euro per kilo. The troy ounce weighs 31.1035 grams, not 28.35 like the common ounce.

The conversions are immediate: the price per gram is the price per ounce divided by 31.1035; the price per kilo is the price per ounce multiplied by 32.1507. With palladium at 1,200 dollars an ounce and an exchange rate of 1.15, for example, a gram is worth about 33.50 euro and a kilo about 33,500 euro.

950 and 500 palladium: the value by fineness

The market price refers to fine palladium. In jewellery palladium is used at 950 fineness, i.e. with 95% fine metal; Italian law also allows 500 fineness. The value of the metal contained in an object is obtained by multiplying the weight by the price per gram and by the fineness.

It is the value of the content, not a buying or selling price: whoever sells scrap palladium or buys bars meets margins, refining costs and the spread between buying and selling prices. The fixing remains the transparent starting point for comparing offers.

Who this page is for

Those who recover and refine spent catalysts, industries that buy palladium for catalysts, electronics and chemicals, jewellers and dental laboratories who value the metal in euro per gram, investors following bars and coins. In contracts and agreements with customers and suppliers our subscribers can cite the Fixing preziosi FT Mercati freely, without licences.

Frequently asked questions about the palladium price

What is the palladium price today per gram?

In the session of November 13, 2026 the FT Mercati palladium PM fixing was 29.502 euro per gram (1,014.00 dollars per ounce), equal to 29,501.847 euro per kilo; 950 palladium is worth 28.027 euro per gram. The day's fixings are available to subscribers in real time.

What is 950 palladium worth per gram?

95% of the per-gram price of fine palladium: with fine palladium at 30 euro per gram, 28.50 euro. It is the value of the metal contained in a piece of jewellery, not the price a buyer will pay, which includes a margin.

At what time is the palladium price fixed?

The Fixing preziosi FT Mercati for palladium is calculated twice a day at the platinum times: 09:45 and 14:00 London time, 10:45 and 15:00 in Italy.

What is the difference between platinum and palladium?

They are two metals of the same group, similar in appearance but with separate markets and prices. Platinum is denser and is used in catalytic converters, historically mainly for diesel engines, in industry and in jewellery; palladium, which is lighter, is used mainly in catalytic converters for petrol cars.

What does the palladium price depend on?

Above all on demand from the car industry for petrol-engine catalytic converters, then on electronics, chemicals and jewellery; on mine supply, concentrated in Russia and South Africa, and on recycling; as with the other precious metals, the dollar and interest rates also count.

Where can the palladium price be seen in real time?

On the FT Mercati platform, on the web and in the app: the day's fixings as soon as they are calculated, the real-time spot price and the full history. On the public site you will find the previous session.

The values are market references calculated and published by FT Mercati, not buying or selling prices: for purchases and sales the dealer's conditions apply. Numerical examples are for convenience.