What is the Average Cost of Palladium per gram/ounce? Average Palladium Price

Palladium is part of the platinum chemical element that is often used in jewelry, dentistry, lab equipment and more. Palladium is dense, malleable, precious and has a gray-white hue. It is one of the rarest elements in the Earth’s crust. Most palladium is found in South Africa. Only a few hundred tons are produced per year, so it is very valuable on the market. One ounce of palladium costs roughly $200.