Palladium market chart
Historical benchmark in RUB per troy ounce; weight conversions are shown in the tables.
Palladium Price Chart in RUB per Mesghal
Live palladium price history in Russian Ruble (RUB) 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
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Palladium price by weight
| Weight | Grams | Spot value (RUB) |
|---|---|---|
| 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 — RUB.
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 RUB — quick conversion table
| Quantity | Grams | Troy ounces | Value (RUB) |
|---|---|---|---|
| 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 Russian Ruble and refresh with the price above.
Buying Palladium in Russia: 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 Russian Ruble. Physical buyers in Russia pay that reference plus a premium, and local trading is concentrated around Moscow, through bank bullion desks. Buyers there generally watch the Central Bank of Russia daily metal price in rubles per gram as the day's reference.
Taxes and duties. Silver, platinum and palladium bars are also sold through banks, with Russia a major palladium producer. 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 RUB can sit noticeably above the spot value of the same mesghal of metal.
How people usually buy. The common routes in Russia are Sberbank and VTB bullion desks, unallocated metal accounts (OMS), coin programmes and refiners. The products most often quoted locally include Georgy Pobedonosets coins, 100 g and 1 kg bars, palladium bars.
Local conventions. Bank unallocated metal accounts are a long-standing local savings format, quoted in rubles per gram. 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 RUB quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Russia can change.
Other Precious Metals in RUB
Compare prices across different precious metals
About Palladium Price in RUB
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 Russian Ruble
The current palladium price per mesghal in Russian Ruble (RUB) 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 Russia, 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 RUB Price
How palladium has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Russia investors tracking palladium in RUB.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Palladium price in RUB – FAQ
How much does one ounce of palladium cost in RUB 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/RUB rate.
What is the current palladium rate in Russia today?
The current palladium rate in Russia 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 Russian Ruble.
How much is 1 mesghal of palladium in RUB?
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 RUB 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 RUB 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 Russia?
Silver, platinum and palladium bars are also sold through banks, with Russia a major palladium producer. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per mesghal more than small differences in the RUB spot quote.
Where do people usually buy palladium in Russia?
The usual routes are Sberbank and VTB bullion desks, unallocated metal accounts (OMS), coin programmes, refiners. Local trading is centred on Moscow, through bank bullion desks, and the products most often quoted are Georgy Pobedonosets coins, 100 g and 1 kg bars, palladium bars.
Why is the shop price of palladium higher than the spot price in RUB?
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 Russia palladium market follow?
Local buyers generally follow the Central Bank of Russia daily metal price in rubles per gram, converted into Russian Ruble (RUB). Bank unallocated metal accounts are a long-standing local savings format, quoted in rubles per gram.