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Palladium Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
The Bushveld Complex — Where South Africa's Palladium Comes From
Nearly all of South Africa's platinum-group metal output traces back to a single, enormous geological formation: the Bushveld Complex. Three major companies operate here — Sibanye-Stillwater, Impala Platinum Holdings, and Anglo American Platinum — each mining palladium alongside platinum from the same ore. Today's palladium reference rate is ₹2,980.70 per gram on November 2, 2026.
- Sibanye-Stillwater: a top-tier PGM and gold producer with South African and US operations
- Impala Platinum (Implats): major operations near Rustenburg, plus a stake in the Marula mine
- Anglo American Platinum: operates Mogalakwena, the world's biggest open-pit PGM mine
Palladium Price by Weight
Today's Palladium rate is Two Thousand Nine Hundred and Eighty One Rupees per gram. At this rate, 10 grams of Palladium costs Twenty Nine Thousand Eight Hundred and Seven Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹2,980.70 | Two Thousand Nine Hundred and Eighty One Rupees |
| 8 Grams | 8.0000 g | ₹23,845.63 | Twenty Three Thousand Eight Hundred and Forty Six Rupees |
| 10 Grams | 10.0000 g | ₹29,807.04 | Twenty Nine Thousand Eight Hundred and Seven Rupees |
| 100 Grams | 100.0000 g | ₹298,070.35 | Two Lakh Ninety Eight Thousand Seventy Rupees |
| 1 Kilogram | 1,000.0000 g | ₹2,980,703.54 | Twenty Nine Lakh Eighty Thousand Seven Hundred and Four Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹84,501.46 | Eighty Four Thousand Five Hundred and One Rupees |
| 1 Troy Ounce | 31.1035 g | ₹92,710.31 | Ninety Two Thousand Seven Hundred and Ten Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹2,980,703,540.00 | Two Hundred and Ninety Eight Crore Seven Lakh Three Thousand Five Hundred and Forty Rupees |
One Ore Body, Two Metals, One Combined Business
South African PGM miners don't run separate palladium and platinum operations — the same ore yields both metals together, which means production decisions get made around the combined economics of both, not palladium in isolation. Anglo American Platinum's Mogalakwena mine is described as heavily geared toward palladium specifically, showing that even within one ore body, the platinum-to-palladium ratio can tilt meaningfully by deposit.
South Africa's platinum dominance, and what it implies for palladium
South Africa accounted for 70.8% of global platinum production in 2024 — a striking concentration for the sister metal mined from the same ground as palladium. That platinum dominance is the more precisely documented figure, but it signals just how central South Africa's Bushveld operations are to the entire PGM complex, palladium included.
| Company | Key Asset |
|---|---|
| Anglo American Platinum | Mogalakwena — world's biggest open-pit PGM mine, palladium-heavy |
| Impala Platinum | Rustenburg operations, stake in Marula mine |
| Sibanye-Stillwater | South African and US PGM and gold operations |
Palladium Price — Last 10 Days
The most recent Palladium price on record (2026-11-02) is Two Thousand Nine Hundred and Eighty One Rupees per gram.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-11-02 | ₹2,980.70 | 0.00 |
| 2026-11-01 | ₹2,980.70 | -0.65 |
| 2026-10-31 | ₹2,981.35 | -6.96 |
| 2026-10-30 | ₹2,988.31 | -90.46 |
| 2026-10-29 | ₹3,078.77 | -44.67 |
| 2026-10-28 | ₹3,123.44 | -36.58 |
| 2026-10-27 | ₹3,160.02 | -80.31 |
| 2026-10-26 | ₹3,240.33 | +52.57 |
| 2026-10-25 | ₹3,187.76 | -3.26 |
| 2026-10-24 | ₹3,191.01 | — |
Real Financial Pressure When Prices Soften
Declining palladium and platinum prices have driven real, reported cost-cutting at South African producers, including Sibanye-Stillwater — a reminder that mining companies here don't simply absorb weaker PGM prices without consequence. Production adjustments, cost reductions and, at points, mine-level impairments have followed periods of price weakness, which is worth understanding alongside any headline about South African palladium supply.
The comparison table and 10-day history above track palladium's own price trend. For a longer view, the site's own palladium price history page holds real recorded data by year and month.
South Africa Palladium Mining — FAQs
Sibanye-Stillwater, Impala Platinum Holdings (Implats), and Anglo American Platinum are the three major names, all operating in or near the Bushveld Complex — the geological formation hosting the bulk of South Africa's platinum-group metal deposits.
No — in South Africa, palladium is produced largely as a byproduct alongside platinum from the same ore bodies, which is why South African PGM miners typically report combined platinum-and-palladium output rather than treating them as separate mining operations.
A massive geological formation in South Africa that hosts the majority of the country's platinum-group metal deposits. Impala's major operations sit on its western side near Rustenburg, while Anglo American Platinum's Mogalakwena mine — the world's biggest open-pit platinum-group-metals mine — is another key Bushveld asset, heavily geared toward palladium output specifically.
Very significant for platinum specifically — South Africa accounted for 70.8% of global platinum production in 2024. Its role in palladium is also substantial, alongside Russia, as one of the two dominant global supply sources.
Yes, by multiple reports — declining palladium and platinum prices have driven producers including Sibanye-Stillwater to apply significant cost-cutting measures, including reported production reductions at certain operations, reflecting real financial strain when PGM prices soften.
