Palladium market chart
Historical benchmark in INR per troy ounce; weight conversions are shown in the tables.
Palladium Price Chart in INR per Troy Ounce
Live palladium price history in Indian Rupee (INR) per troy ounce. Toggle 24H, 7D, 30D, and 1Y ranges to analyze palladium trends.
Quick Calculator
Calculate palladium value
= 31.1035 grams
= 1.000001 troy ounces
Price per oz t: —
Palladium price by currency
Fine palladium per troy ounce · current exchange rates
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Palladium price by weight
| Weight | Grams | Spot value (INR) |
|---|---|---|
| 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 Troy Ounce? Palladium weight, conversions and local use
Definition. The troy ounce (31.1035 g) is the settlement unit of the London and COMEX markets, so it is the number every other quote is derived from. One troy ounce equals 31.1035 grams, or 1.00000 troy ounces, which at today's palladium spot price works out to — INR.
Where it is used. Bullion bars and coins are struck in 1 oz, 10 oz and 100 oz sizes, and dealer spreads are quoted as a premium over the ounce spot price. The unit is the trading standard in global wholesale markets.
Pricing conventions. Because the ounce is the contract unit, it carries the tightest spread of any weight: retail premiums on a 1 oz coin typically run a few percent, while a 400 oz good-delivery bar trades near spot. 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 troy ounce is heavier than the everyday avoirdupois ounce (28.35 g) — a mix-up of roughly 10% that still catches out first-time buyers.
Palladium price per Troy Ounce in INR — quick conversion table
| Quantity | Grams | Troy ounces | Value (INR) |
|---|---|---|---|
| 1 troy ounce | 31.104 g | 1.0000 oz t | — |
| 5 troy ounces | 155.518 g | 5.0000 oz t | — |
| 10 troy ounces | 311.035 g | 10.0000 oz t | — |
| 100 troy ounces | 3,110.35 g | 100.0001 oz t | — |
Values are calculated from the live XPD spot price converted into Indian Rupee and refresh with the price above.
Buying Palladium in India: local market, taxes and premiums
At the live price shown above per troy ounce, the price you see here is the international XPD spot price converted into Indian Rupee. Physical buyers in India pay that reference plus a premium, and local trading is concentrated around Mumbai's Zaveri Bazaar, plus Ahmedabad and Chennai. Buyers there generally watch the IBJA daily rate published for 999 and 916 gold as the day's reference.
Taxes and duties. Silver is also taxed at 3% GST; platinum and palladium are niche and mostly sold as jewellery. 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 INR can sit noticeably above the spot value of the same troy ounce of metal.
How people usually buy. The common routes in India are family jewellers, national chains such as Tanishq and Kalyan, Sovereign Gold Bonds and Gold ETFs and digital gold apps. The products most often quoted locally include 22K jewellery, gold coins of 8 g and 10 g, 1 tola bars, Sovereign Gold Bonds.
Local conventions. Gold is bought by the tola (11.6638 g) and in 22K (916) purity, with BIS hallmarking now mandatory; demand peaks at Dhanteras, Akshaya Tritiya and the wedding season. Before you buy, compare the dealer's asking price per troy ounce 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 INR quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in India can change.
Other Precious Metals in INR
Compare prices across different precious metals
About Palladium Price in INR
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 Troy Ounce in Indian Rupee
The current palladium price per troy ounce in Indian Rupee (INR) 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 India, 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 troy ounces, which may be more practical for local transactions.
The troy ounce is the standard unit for measuring precious metals. It equals approximately 31.1 grams. This unit is commonly used when trading palladium in various markets around the world.
Palladium Long-Term Returns vs Current INR Price
How palladium has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for India investors tracking palladium in INR.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Palladium price in INR – FAQ
How much does one ounce of palladium cost in INR 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/INR rate.
What is the current palladium rate in India today?
The current palladium rate in India is the live spot price shown on this page per troy ounce. Prices refresh every 5 minutes and follow the international Palladium spot price converted to Indian Rupee.
How much is 1 troy ounce of palladium in INR?
1 troy ounce 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 INR exchange rate (1 troy ounce = 31.1035 grams).
How is the palladium price per troy ounce calculated?
The palladium price per troy ounce is calculated by converting the international spot price (quoted per troy ounce in USD) to INR using the current exchange rate, then converting to the troy ounce weight unit (1 troy ounce = 31.1035 grams).
Do I pay tax or VAT when buying palladium in India?
Silver is also taxed at 3% GST; platinum and palladium are niche and mostly sold as jewellery. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per troy ounce more than small differences in the INR spot quote.
Where do people usually buy palladium in India?
The usual routes are family jewellers, national chains such as Tanishq and Kalyan, Sovereign Gold Bonds and Gold ETFs, digital gold apps. Local trading is centred on Mumbai's Zaveri Bazaar, plus Ahmedabad and Chennai, and the products most often quoted are 22K jewellery, gold coins of 8 g and 10 g, 1 tola bars, Sovereign Gold Bonds.
Why is the shop price of palladium higher than the spot price in INR?
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 troy ounce with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the India palladium market follow?
Local buyers generally follow the IBJA daily rate published for 999 and 916 gold, converted into Indian Rupee (INR). Gold is bought by the tola (11.6638 g) and in 22K (916) purity, with BIS hallmarking now mandatory; demand peaks at Dhanteras, Akshaya Tritiya and the wedding season.