Palladium market chart
Historical benchmark in GBP per troy ounce; weight conversions are shown in the tables.
Palladium Price Chart in GBP per Tola
Live palladium price history in British Pound (GBP) per tola. Toggle 24H, 7D, 30D, and 1Y ranges to analyze palladium trends.
Quick Calculator
Calculate palladium value
= 11.6638 grams
= 0.375000 troy ounces
Price per tola: —
Palladium price by currency
Fine palladium per tola · current exchange rates
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US Dollar
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Euro
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British Pound
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Japanese Yen
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Swiss Franc
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Australian Dollar
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Canadian Dollar
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Indian Rupee
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Chinese Yuan
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Singapore Dollar
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Hong Kong Dollar
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UAE Dirham
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Saudi Riyal
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Mexican Peso
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Brazilian Real
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South Korean Won
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South African Rand
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Russian Ruble
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Turkish Lira
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Polish Zloty
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Thai Baht
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Malaysian Ringgit
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Indonesian Rupiah
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Philippine Peso
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Vietnamese Dong
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Norwegian Krone
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Danish Krone
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Czech Koruna
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Taiwan Dollar
Palladium price by weight
| Weight | Grams | Spot value (GBP) |
|---|---|---|
| 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 Tola? Palladium weight, conversions and local use
Definition. The tola (11.6638 g) is the traditional South Asian unit for gold and remains the standard quote in Indian and Gulf jewellery shops. Locally it is written तोला. One tola equals 11.6638 grams, or 0.37500 troy ounces, which at today's palladium spot price works out to — GBP.
Where it is used. Ten-tola bars ('TT bars', 116.64 g) are the classic Dubai-to-India trade format, and wedding jewellery is still ordered by the tola. The unit is the trading standard in India, Pakistan, Nepal and the Gulf.
Pricing conventions. Indian shops quote a tola rate for 22K (0.916) rather than pure metal, then add making charges of 8–25%. Gulf shops quote 24K per tola or per gram and charge a smaller fixed making fee. 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. The tola was once the weight of a British India silver rupee, which is why the unit is tied so closely to jewellery and savings culture.
Palladium price per Tola in GBP — quick conversion table
| Quantity | Grams | Troy ounces | Value (GBP) |
|---|---|---|---|
| 1 tola | 11.664 g | 0.3750 oz t | — |
| 5 tolas | 58.319 g | 1.8750 oz t | — |
| 10 tolas | 116.638 g | 3.7500 oz t | — |
| 100 tolas | 1,166.38 g | 37.5000 oz t | — |
Values are calculated from the live XPD spot price converted into British Pound and refresh with the price above.
Buying Palladium in United Kingdom: local market, taxes and premiums
At the live price shown above per tola, the price you see here is the international XPD spot price converted into British Pound. Physical buyers in United Kingdom pay that reference plus a premium, and local trading is concentrated around London, the world's largest OTC bullion centre. Buyers there generally watch the twice-daily LBMA auction fixed in London as the day's reference.
Taxes and duties. Silver, platinum and palladium attract 20% VAT unless stored in an HMRC-approved bonded vault. 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 GBP can sit noticeably above the spot value of the same tola of metal.
How people usually buy. The common routes in United Kingdom are Royal Mint bullion, London dealers such as those around Hatton Garden, online dealers and LBMA-vaulted allocated accounts. The products most often quoted locally include Gold Britannia, Sovereign, 1 kg silver bars, allocated vault grams.
Local conventions. London is the pricing centre for the LBMA Gold Price, quoted per troy ounce and settled in loco London good-delivery bars. Before you buy, compare the dealer's asking price per tola 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 GBP quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in United Kingdom can change.
Other Precious Metals in GBP
Compare prices across different precious metals
About Palladium Price in GBP
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 Tola in British Pound
The current palladium price per tola in British Pound (GBP) 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 United Kingdom, 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 tolas, which may be more practical for local transactions.
The tola is a traditional Indian unit of weight, still commonly used for gold in South Asia. This unit is commonly used when trading palladium in various markets around the world.
Palladium Long-Term Returns vs Current GBP Price
How palladium has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for United Kingdom investors tracking palladium in GBP.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Palladium price in GBP – FAQ
How much does one ounce of palladium cost in GBP 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/GBP rate.
What is the current palladium rate in United Kingdom today?
The current palladium rate in United Kingdom is the live spot price shown on this page per tola. Prices refresh every 5 minutes and follow the international Palladium spot price converted to British Pound.
How much is 1 tola of palladium in GBP?
1 tola 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 GBP exchange rate (1 tola = 11.6638 grams).
How is the palladium price per tola calculated?
The palladium price per tola is calculated by converting the international spot price (quoted per troy ounce in USD) to GBP using the current exchange rate, then converting to the tola weight unit (1 tola = 11.6638 grams).
Do I pay tax or VAT when buying palladium in United Kingdom?
Silver, platinum and palladium attract 20% VAT unless stored in an HMRC-approved bonded vault. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per tola more than small differences in the GBP spot quote.
Where do people usually buy palladium in United Kingdom?
The usual routes are Royal Mint bullion, London dealers such as those around Hatton Garden, online dealers, LBMA-vaulted allocated accounts. Local trading is centred on London, the world's largest OTC bullion centre, and the products most often quoted are Gold Britannia, Sovereign, 1 kg silver bars, allocated vault grams.
Why is the shop price of palladium higher than the spot price in GBP?
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 tola with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the United Kingdom palladium market follow?
Local buyers generally follow the twice-daily LBMA auction fixed in London, converted into British Pound (GBP). London is the pricing centre for the LBMA Gold Price, quoted per troy ounce and settled in loco London good-delivery bars.