Palladium market chart
Historical benchmark in CAD per troy ounce; weight conversions are shown in the tables.
Palladium Price Chart in CAD per Mesghal
Live palladium price history in Canadian Dollar (CAD) per mesghal. Toggle 24H, 7D, 30D, and 1Y ranges to analyze palladium trends.
Quick Calculator
Calculate palladium value
= 4.6875 grams
= 0.150707 troy ounces
Price per mesghal: —
Palladium price by currency
Fine palladium per mesghal · current exchange rates
—
US Dollar
—
Euro
—
British Pound
—
Japanese Yen
—
Swiss Franc
—
Australian Dollar
—
Canadian Dollar
—
Indian Rupee
—
Chinese Yuan
—
Singapore Dollar
—
Hong Kong Dollar
—
UAE Dirham
—
Saudi Riyal
—
Mexican Peso
—
Brazilian Real
—
South Korean Won
—
South African Rand
—
Russian Ruble
—
Turkish Lira
—
Polish Zloty
—
Thai Baht
—
Malaysian Ringgit
—
Indonesian Rupiah
—
Philippine Peso
—
Vietnamese Dong
—
New Zealand Dollar
—
Swedish Krona
—
Norwegian Krone
—
Danish Krone
—
Czech Koruna
—
Taiwan Dollar
Palladium price by weight
| Weight | Grams | Spot value (CAD) |
|---|---|---|
| Troy Ounce | 31.1035 | — |
| Gram | 1 | — |
| Kilogram | 1000 | — |
| Pennyweight | 1.55517 | — |
| Tola | 11.6638 | — |
| Tael (Hong Kong) | 37.429 | — |
| Tael (Shanghai / Mainland China) | 50 | — |
| Tael (Taiwan) | 37.5 | — |
| Grain | 0.0648 | — |
| Momme | 3.75 | — |
| Baht | 15.244 | — |
| Chi | 3.75 | — |
| Don | 3.75 | — |
| Mesghal | 4.6875 | — |
What is a Mesghal? Palladium weight, conversions and local use
Definition. The mesghal (4.6875 g) is the traditional Persian unit for gold, equal to 4.6875 g or 4.608 g depending on the local standard. Locally it is written مثقال. One mesghal equals 4.6875 grams, or 0.15071 troy ounces, which at today's palladium spot price works out to — CAD.
Where it is used. Iranian bazaar dealers quote 17-carat (705) gold per mesghal, and the mesghal rate is published alongside the coin (Bahar Azadi) price. The unit is the trading standard in Iran and parts of the Middle East.
Pricing conventions. Because Iranian jewellery is traditionally 18K sold at a 705 assay, converting a mesghal quote to a world price requires adjusting for purity as well as weight. Palladium is almost entirely an industrial metal, so a retail quote in this unit is a conversion from the ounce price rather than a rate you will see posted in a shop.
Good to know. One mesghal equals 5 dirham in the old Persian system; the sooth (soot) subdivides it further for small stones.
Palladium price per Mesghal in CAD — quick conversion table
| Quantity | Grams | Troy ounces | Value (CAD) |
|---|---|---|---|
| 1 mesghal | 4.688 g | 0.1507 oz t | — |
| 5 mesghals | 23.438 g | 0.7535 oz t | — |
| 10 mesghals | 46.875 g | 1.5071 oz t | — |
| 100 mesghals | 468.75 g | 15.0707 oz t | — |
Values are calculated from the live XPD spot price converted into Canadian Dollar and refresh with the price above.
Buying Palladium in Canada: local market, taxes and premiums
At the live price shown above per mesghal, the price you see here is the international XPD spot price converted into Canadian Dollar. Physical buyers in Canada pay that reference plus a premium, and local trading is concentrated around Toronto and the Royal Canadian Mint distribution network. Buyers there generally watch the LBMA price converted at the Bank of Canada daily rate as the day's reference.
Taxes and duties. Platinum must be 99.95% to be zero-rated; numismatic and lower-purity items are taxed at the provincial rate. Palladium is dominated by industrial buyers, so retail coins and bars are scarce and premiums move sharply with supply news. That is why the shop price of palladium in CAD can sit noticeably above the spot value of the same mesghal of metal.
How people usually buy. The common routes in Canada are Royal Canadian Mint, bank-linked bullion desks, online dealers and TSX-listed metal trusts. The products most often quoted locally include Gold Maple Leaf, Silver Maple Leaf, RCM 1 kg bars, Maplegram sheets.
Local conventions. The Maple Leaf is struck at 99.99% fineness, one of the purest mass-market bullion coins available. Before you buy, compare the dealer's asking price per mesghal with the live palladium price above, and check the buy-back spread the same dealer offers — that round-trip cost matters more than a small difference in the headline CAD quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Canada can change.
Other Precious Metals in CAD
Compare prices across different precious metals
About Palladium Price in CAD
What is Palladium?
Palladium is a rare, lustrous silvery-white metal discovered in 1803. It is the least dense and has the lowest melting point of the platinum group metals.
History
Palladium was discovered in 1803 by William Hyde Wollaston, who named it after the asteroid Pallas.
Common Uses
Interesting Facts
- •Over 80% of palladium is used in catalytic converters
- •Russia and South Africa produce 80% of the world's palladium
- •Palladium can absorb up to 900 times its own volume of hydrogen
Palladium Price Per Mesghal in Canadian Dollar
The current palladium price per mesghal in Canadian Dollar (CAD) is updated in real-time based on international market rates. Palladium is traded globally and its price fluctuates based on supply and demand, economic conditions, and geopolitical factors.
When buying or selling palladium in Canada, it's important to understand that prices are typically quoted in troy ounces on international markets. Our converter helps you easily calculate the price in mesghals, which may be more practical for local transactions.
The mesghal is a traditional unit of weight used in Iran and the Middle East for gold. This unit is commonly used when trading palladium in various markets around the world.
Palladium Long-Term Returns vs Current CAD Price
How palladium has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Canada investors tracking palladium in CAD.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Palladium price in CAD – FAQ
How much does one ounce of palladium cost in CAD today?
One troy ounce of palladium currently costs approximately the live spot price shown on this page. This live spot price is refreshed every 5 minutes from MetalflowAPI market data and reflects the international XPD/CAD rate.
What is the current palladium rate in Canada today?
The current palladium rate in Canada is the live spot price shown on this page per mesghal. Prices refresh every 5 minutes and follow the international Palladium spot price converted to Canadian Dollar.
How much is 1 mesghal of palladium in CAD?
1 mesghal of palladium equals the live spot price shown on this page today. This is calculated from the live spot price per troy ounce, converted via the CAD exchange rate (1 mesghal = 4.6875 grams).
How is the palladium price per mesghal calculated?
The palladium price per mesghal is calculated by converting the international spot price (quoted per troy ounce in USD) to CAD using the current exchange rate, then converting to the mesghal weight unit (1 mesghal = 4.6875 grams).
Do I pay tax or VAT when buying palladium in Canada?
Platinum must be 99.95% to be zero-rated; numismatic and lower-purity items are taxed at the provincial rate. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per mesghal more than small differences in the CAD spot quote.
Where do people usually buy palladium in Canada?
The usual routes are Royal Canadian Mint, bank-linked bullion desks, online dealers, TSX-listed metal trusts. Local trading is centred on Toronto and the Royal Canadian Mint distribution network, and the products most often quoted are Gold Maple Leaf, Silver Maple Leaf, RCM 1 kg bars, Maplegram sheets.
Why is the shop price of palladium higher than the spot price in CAD?
Retail prices add a dealer premium covering refining, minting, shipping, insurance and margin, plus any local tax. Palladium is dominated by industrial buyers, so retail coins and bars are scarce and premiums move sharply with supply news. Compare the asking price per mesghal with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Canada palladium market follow?
Local buyers generally follow the LBMA price converted at the Bank of Canada daily rate, converted into Canadian Dollar (CAD). The Maple Leaf is struck at 99.99% fineness, one of the purest mass-market bullion coins available.