Live Palladium Spot Price & Historic Palladium Price Chart
(in GBP, EUR & USD currencies)
View the live palladium spot price and historic palladium price charts using institutional-grade market data in British Pounds (£GBP), Euros (€EUR) and US Dollars ($USD).
Palladium Price FAQs
The price of palladium is dynamic and liquidity is lower than gold and silver. A globally recognised benchmark price is set twice daily through the LBMA Palladium Price auctions, administered by ICE Benchmark Administration, which establish reference prices for valuation and settlement.
Alongside this benchmark, live palladium prices are formed continuously through real-time global market trading, meaning prices move throughout the day as transactions occur. The actual price a buyer or seller sees depends on market spreads, tight supply, hedging, vaulting, potential VAT on delivery, and operational costs, with prices closest to institutional trading venues typically offering the tightest spreads.
Palladium prices are primarily influenced by petrol-vehicle production, emissions regulations, mining supply from Russia and South Africa, and industrial demand.
What is the live palladium price?
The live palladium price is the current market value formed through continuous global trading.
How is the palladium price set each day?
The benchmark palladium price is set twice daily in London through the LBMA Palladium Price auctions, administered by ICE Benchmark Administration.
What is the LBMA palladium price?
The LBMA Palladium Price is the main global benchmark for palladium. It is set twice daily and used for valuation and settlement across physical and financial markets.
Is the live palladium price different from the benchmark?
Yes. The benchmark is fixed twice daily, while live prices move continuously.
Why is palladium so volatile?
Palladium has a relatively small market with tight supply and strong reliance on automotive demand, particularly for petrol vehicle emissions control.
Why does the palladium price change throughout the day?
Prices move with vehicle production data, emissions regulation changes, supply disruptions, and broader economic conditions.
Why is the palladium price shown in GBP different from USD?
Palladium is priced globally in US dollars and converted into GBP using live foreign-exchange rates, so currency movements affect the UK price.
Why is my palladium buy price higher than the spot price?
The buy price includes market spreads, tight liquidity, hedging, vaulting, potential VAT on delivery, and operational costs.
Is the palladium price the same worldwide?
The underlying palladium price is global, but the local price varies due to currency exchange rates and VAT.
Is palladium subject to VAT in the UK?
Palladium is subject to 20% VAT if it is delivered into the UK, but no VAT is charged while it is held in bonded warehouse or tax-warehouse storage. VAT only becomes payable if the metal is withdrawn into free circulation.
What is the live palladium price in GBP?
The live palladium price in GBP shows the real-time market value of palladium converted into pounds sterling using live FX rates.
Where does the UK palladium price come from?
UK palladium prices are derived from the global USD palladium market and converted into GBP using real-time interbank exchange rates.