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Back to Futures
Palladium
MetalsPANYMEX (CME Group)

Palladium

Category

Metals

Exchange

NYMEX (CME Group)

Contract Size

100 troy ounces of palladium

Symbol

PA

About Palladium

Palladium futures are traded in 100 oz lots on NYMEX. Palladium is primarily used in automotive catalytic converters for gasoline engines. Supply constraints from major producers Russia and South Africa can create volatile price swings.

Palladium Price Chart

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Contract Specifications

Contract Size
100 troy ounces of palladium
Tick Size / Value
$0.50/oz = $50.00 per tick
Exchange
NYMEX (CME Group)

Trading Hours

Sun 18:00 – Fri 17:00 ET with daily halt 17:00–18:00 ET.

Margin Notes

Exchange maintenance margin ~$10,000–$15,000. Highly volatile.

More Metals Futures

Micro Silver

Micro Silver

SIL · COMEX (CME Group)

Micro Silver futures offer reduced-size silver exposure at 1,000 ounces per contract. Given silver's volatility, the smaller contract size helps retail traders manage risk while maintaining real market exposure.

Micro Gold

Micro Gold

MGC · COMEX (CME Group)

Micro Gold (MGC) provides gold exposure at one-tenth the standard contract size. With a notional of roughly $20,000, it makes gold futures accessible to retail traders and allows for more precise position sizing.

Gold

Gold

GC · COMEX (CME Group)

COMEX Gold futures (GC) are the global benchmark for gold trading. With a 100 oz contract size, each $1 move in gold equals $100. Gold is traded as a safe-haven asset, inflation hedge, and macro trade against real interest rates. The gold futures market is deeply liquid, with daily volume regularly exceeding 200,000 contracts.

Silver

Silver

SI · COMEX (CME Group)

COMEX Silver futures (SI) are the primary vehicle for trading silver. Silver is more volatile than gold, trading both as a precious metal safe haven and an industrial commodity (electronics, solar panels). Each cent move in silver equals $50 on the standard 5,000 oz contract — fast moves can generate (or cost) significant capital quickly.

Explore Related

CommoditiesCommodity ExchangesTrading ToolsNYMEX (CME Group)