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Palladium Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
The Main Job: Cleaning Up Gasoline Exhaust
Palladium is trading at ₹2,980.70 per gram today, and the reason it has a price worth tracking at all comes down almost entirely to one job: sitting inside the catalytic converter of a gasoline-engine vehicle. There, it helps convert carbon monoxide, hydrocarbons, and other harmful exhaust compounds into less harmful substances before they leave the tailpipe.
This single application accounts for the large majority of global palladium demand, by a wide margin over every other use combined. That is unusual among precious metals — gold spreads its demand across jewellery, investment, and central-bank reserves, while palladium leans almost entirely on one industry.
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 | ₹298,070.36 | Two Lakh Ninety Eight Thousand Seventy Rupees |
| 1 Kilogram | 1,000.0000 g | ₹2,980,703.62 | 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 | ₹2,980,703,616.00 | Two Hundred and Ninety Eight Crore Seven Lakh Three Thousand Six Hundred and Sixteen Rupees |
Where Else Palladium Actually Shows Up
Beyond the auto industry, palladium finds smaller but genuine uses in electronics — particularly multi-layer ceramic capacitors, tiny components used across circuit boards in countless devices. It has also historically been used in dentistry, in certain metal alloys.
What palladium is not commonly used for
It's worth being upfront that palladium jewellery, while it does exist, is genuinely rare next to gold or even platinum jewellery. If you are researching palladium expecting a bridal-jewellery market the way gold has in India, that market simply does not exist at meaningful scale here — palladium's demand story is industrial and financial, not decorative.
Palladium Price — Last 10 Days
The most recent Palladium price on record (2026-11-01) is Two Thousand Nine Hundred and Eighty One Rupees per gram. This is down by One Rupees from the previous day's rate of ₹2,981.35.
| Date | Price (INR/g) | Change |
|---|---|---|
| 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 | -25.68 |
| 2026-10-23 | ₹3,216.70 | — |
Why the Gasoline Link Matters So Much for Price-Watchers
Because one use dominates so heavily, palladium's price is unusually exposed to a single industry's fortunes. Strong gasoline and hybrid vehicle sales worldwide, combined with tightening emissions rules, is what pushed demand — and price — up sharply during palladium's well-documented rise. The same concentration means a genuine slowdown in gasoline-vehicle production, or a shift toward electric vehicles that need no catalytic converter at all, is exactly the kind of development that could eventually soften demand.
None of that is a prediction about timing. It is simply the honest answer to why palladium's demand side looks so different from gold's or silver's, and why anyone tracking this metal's price should be watching auto-industry news at least as closely as precious-metals news.
Palladium Uses — FAQs
By far its biggest use is inside catalytic converters fitted to gasoline-engine vehicles, where palladium helps convert harmful exhaust gases into less harmful ones before they leave the tailpipe. This single application drives the large majority of global palladium demand, which is why the metal is trading at ₹2,980.70 per gram today largely on the back of auto-industry trends.
Yes, though on a much smaller scale. Palladium is used in electronics, particularly in multi-layer ceramic capacitors found in circuit boards, and it has historically been used in dentistry for certain alloys. Neither use comes close to matching catalytic-converter demand in size.
It can be, but jewellery is a genuinely minor and niche use for palladium compared with gold, silver, or even platinum. Most of the demand that sets palladium's price has nothing to do with adornment at all.
Catalytic converter technology differs by fuel type, and palladium is the metal that performs best in the gasoline-engine version of that chemistry. Platinum has historically served the equivalent role for diesel engines, which is one reason the two metals' prices, while linked through supply, respond to different demand trends.
It is possible over the long run. Battery electric vehicles do not need a catalytic converter at all, so rising EV adoption is a factor some analysts watch as a potential long-term drag on palladium demand. How significant that becomes depends on how quickly EVs actually displace gasoline and hybrid vehicles worldwide, which remains genuinely uncertain.
