Gold : Palladium Ratio
|10 Year High||2.96|
|10 Year Low||0.60|
|10 Year Change||-1.22 (-58.94%)|
Gold : Palladium 10 Year Ratio
The above chart shows the gold : palladium ratio for the last decade. The ratio displays how many troy ounces of palladium you could buy with one troy ounce of gold during the 10 year period.
Platinum, not palladium, is typically the precious metal closest in price to gold, but both have been known to swing to being more valuable than gold, so don't be surprised to see an ounce of palladium fluctuate from 1.5 ounces of gold to 0.75 ounces in value.
Prices are affected by supply and demand, with Russia the largest miner and thus supplier of palladium. As of October 2018 palladium has set a new record price of £855 per ounce due to increased demand from China and trade tensions between Russia and the USA.