PLATINUM-PALLADIUM RATIO · XPT/XPD · 2026
Platinum-palladium ratio: how much palladium for one platinum?
1.51 grams of palladium = 1 gram of platinum
at the top of the 1-year range
Computed from live world-market prices
▲ +34.13% over 1 year · the ratio rose: palladium lagged platinum
The platinum-palladium ratio (platinum-palladium ratio) shows how many units of palladium you get for one unit of platinum, that is, which metal has become expensive relative to the other. The same figure answers the reverse question (palladium-to-platinum ratio): the pair is quoted this way in both directions. Unit-independent: gram/gram and ounce/ounce give the same number.
Platinum-palladium ratio chart
Price range
Platinum/Palladium (XPT/XPD) price over 1Y: 1.13 XPD → 1.51 XPD (+34.13%). High 1.51 XPD, low 1.09 XPD.
Chart by TradingView Lightweight Charts™
Platinum / Palladium ratio daily closes
| Date | Ratio | Change vs previous day |
|---|---|---|
Both legs are Goldtresor PriceEngine™ quotes, so the quotient is our own data. “Daily close” means our quote at 17:00 CET (18:00 Budapest time while summer time is on).
Platinum
PalladiumDownload the full series by year
The five days above come from the chart's daily closes. The yearly file is built from the Goldtresor Fix™, our daily reference price, instead: pick a year and get the ratio for every business day, with each metal's reference price alongside.
CSV · date, ratio, XPT and XPD price (USD per gram). Source: the Goldtresor Fix™, both legs are our own daily reference price.
How is it usually read?
High or low ratio
A high ratio means palladium is cheap relative to platinum; a low one the opposite. Many use it to time a shift between the two metals, but the ratio can stay at a level for years, with no guaranteed reversion.
The two autocatalyst metals against each other
Demand for both metals comes largely from the same industry, autocatalyst manufacturing, so the ratio mainly reflects which one is currently substituting for the other. Substitution is slow and technology-dependent, so the ratio can drift one way for a long time. Not a forecast.
Not investment advice, just how the metric is commonly read.
Rebalancing between platinum and palladium
Both metals are available on a precious-metals account: you sell one and buy the other while your holdings stay in an insured vault. A one-step platinum↔palladium swap is in development. Note: platinum and palladium held with us sits in the Zurich free zone, so it trades VAT-free, VAT does arise on physical delivery.
Related rates
Metals and crypto measured against each other
All 15 pairs from live prices. Read it like this: 75.31 silver = 1 gold. Between two metals the ratio is unit-independent: gram to gram and ounce to ounce are the same. Crypto is counted per coin, and in a crypto–metal row the metal is in troy ounces.
| Pair | Ticker | Ratio |
|---|---|---|
| Metal / metal | ||
| Gold/silverXAU/XAG | XAU/XAG | 75.31 |
| Gold/platinumXAU/XPT | XAU/XPT | 2.64 |
| Gold/palladiumXAU/XPD | XAU/XPD | 3.99 |
| Platinum/silverXPT/XAG | XPT/XAG | 28.57 |
| Palladium/silverXPD/XAG | XPD/XAG | 18.86 |
| Platinum/palladiumthis pageXPT/XPD | XPT/XPD | 1.51 |
| Crypto / metal | ||
| Bitcoin/goldBTC/XAU | BTC/XAU | 19.89 |
| Ether/goldETH/XAU | ETH/XAU | 0.5771 |
| Bitcoin/silverBTC/XAG | BTC/XAG | 1,497.7 |
| Ether/silverETH/XAG | ETH/XAG | 43.46 |
| Bitcoin/platinumBTC/XPT | BTC/XPT | 52.43 |
| Ether/platinumETH/XPT | ETH/XPT | 1.52 |
| Bitcoin/palladiumBTC/XPD | BTC/XPD | 79.42 |
| Ether/palladiumETH/XPD | ETH/XPD | 2.30 |
| Crypto / crypto | ||
| Bitcoin/etherBTC/ETH | BTC/ETH | 34.46 |
Frequently asked questions
How many grams of palladium one gram of platinum is worth. A high value means palladium is cheap relative to platinum; a low value the opposite. The calculation is unit-independent: gram/gram and ounce/ounce give the same number.
