Palladium · Bullion & Jewelry
Palladium is a sister metal to platinum, quoted per troy ounce but most often owned as small bars or jewelry weighed in grams. This page converts the live spot price to a per-gram melt value.
| Weight | Melt value |
|---|---|
| 1 g | — |
| 5 g | — |
| 10 g | — |
| 1 troy oz | — |
Live spot via gold-api.com. Melt value = spot × 0.0321507 troy oz of fine metal.
Open the full calculator →Palladium's spot price is quoted per troy ounce (31.1035 grams). Because it is nearly always held in gram-sized bars, coins or jewelry, the useful number is the price per gram — spot ÷ 31.1035. The live figure above computes it, and the table scales it to common weights.
Melt value is the metal content alone: it excludes the fabricator's premium on a new bar and any resale spread. For .9995 palladium bullion, melt equals spot × weight; for jewelry, scale by the purity (Pd 950 = 95% palladium).
Palladium is the most volatile of the four precious metals, driven largely by autocatalyst demand. Its price can move sharply, so a figure captured today may be stale tomorrow — always re-check against live spot.
| Symbol | XPD (palladium) |
| Common bullion purity | .9995 fine |
| Common jewelry purity | Pd 950 (95%) |
| Troy ounce | 31.1035 grams |
| 1 gram | 0.0321507 troy oz fine Pd |
| Quote convention | USD per troy ounce |
Melt value is the value of the metal in the coin, ignoring any collector premium:
Where the fine-metal content is known, this simplifies to spot × 0.0321507 oz. The live figure at the top of this page applies that formula to the current spot price.
Illustrative melt values (per gram) at example spot prices — shown for reference only; the live figure above uses the real market price:
| Example spot | Melt value |
|---|---|
| $900.00 | $28.94 |
| $1,000.00 | $32.15 |
| $1,100.00 | $35.37 |
Divide the live palladium spot price per troy ounce by 31.1035. The figure at the top of this page does that and refreshes with the market.
Palladium is not magnetic. A magnet that sticks to a piece is a sign it is not pure palladium, though some alloys and fakes can behave differently.
Pd 950 is an alloy that is 95% palladium, the common standard for palladium jewelry and some bullion.
A large share of palladium demand comes from automotive catalytic converters, so supply and emissions-regulation news move the price far more than it moves gold or silver.
This page values one item. The Silver Stacking Spreadsheet keeps the whole record — every coin, what you paid, and your running profit or loss, auto-calculated from the spot price you enter.