Palladium Melt Value Calculator
Current palladium spot price: Unavailable
Palladium Melt Value Calculator
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Common Palladium Items
| Item | Weight | Melt Value |
|---|---|---|
| 1 oz Canadian Maple Leaf (99.95%) | 1 ozt | — |
| 1 oz Palladium Bar | 1 ozt | — |
| 10 oz Palladium Bar | 10 ozt | — |
Palladium Uses by Sector
| Sector | Share of Demand |
|---|---|
| Catalytic Converters (Gasoline) | ~80% |
| Electronics | ~8% |
| Dentistry | ~5% |
| Jewelry & Investment | ~4% |
| Chemical Industry | ~3% |
About Palladium and Its Market
Palladium is a platinum group metal (PGM) that is even rarer than platinum. Annual mine production is roughly 210 tonnes, compared to about 190 tonnes for platinum, but palladium demand has surged due to tighter vehicle emission standards worldwide.
Over 80% of palladium demand comes from catalytic converters in gasoline-powered vehicles, where it converts harmful carbon monoxide and hydrocarbons into less harmful carbon dioxide and water vapor. This automotive dependency makes palladium prices highly sensitive to changes in vehicle production and emissions regulations.
Palladium is also used in electronics (multilayer ceramic capacitors), dentistry (dental alloys), and jewelry. Russia and South Africa are the world's largest producers, together accounting for roughly 75% of global supply.
Melt Value = Weight (troy oz) × Purity × Spot Price