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Live price comparison and the Gold-to-Palladium ratio.
| Asset | Open | High | Low | Close | Range |
|---|---|---|---|---|---|
| Gold | — | — | — | — | — |
| Palladium | — | — | — | — | — |
Open, high, low, and close over the selected 1 year. “Range” is the high-to-low move as a percentage — a quick read on each asset’s volatility over that period.
| Metric | Gold | Palladium |
|---|---|---|
| Live price | $ 4,330.00 | $ 1,247.00 |
| 24h change | +0.00% ↑ | +0.00% ↑ |
| 1-month return | -8.18% ↓ | -17.80% ↓ |
| 1-year return | +30.82% ↑ | +14.81% ↑ |
| 5-year return | +128.54% ↑ | -55.63% ↓ |
| Volatility | Low | High |
| Pair | XAU/USD | XPD/USD |
| Asset class | Precious Metal | Precious Metal |
| Key drivers | Interest rates & the US dollar · Inflation & safe-haven demand · Central-bank activity | Petrol-engine demand · Tight supply · EV transition |
| Trading hours | Market hours | Market hours |
| Gold-to-Palladium ratio | 1 Gold = 3.47 Palladium | |
Gold is the benchmark safe-haven metal; palladium is an industrial precious metal used overwhelmingly in catalytic converters for petrol engines.
That concentration of demand makes palladium one of the most volatile precious metals, behaving very differently from gold.
Gold is held for value and jewelry; palladium is consumed by industry, mainly the auto sector.
Tight supply and narrow demand make palladium prone to sharp moves gold rarely sees.
A shift to electric vehicles threatens palladium demand, while gold’s drivers are unaffected.
Choose gold for stability and diversification. Palladium is a specialised industrial bet on petrol-engine demand — far more volatile, with the long-term shift to electric vehicles a real risk to its core market.
Its demand is concentrated in catalytic converters and its supply is a limited by-product of other mining, so small imbalances cause large price swings.
Likely, over time. Battery-electric vehicles need no catalytic converter, so faster EV adoption would erode palladium’s biggest source of demand.
Compare the 1-month, 1-year and 5-year returns in the table above — the leader varies by period, and the normalized chart shows how the two have moved relative to each other.
It depends on your goals and risk tolerance: Gold and Palladium have different volatility profiles and price drivers, summarised above. This is educational information, not financial advice.
One Gold currently equals 3.47 Palladium — a quick gauge of relative value between the two.