Palladium Prices in Oman

Palladium price in Oman today

A gram of fine (999) palladium in Oman is 12.906 OMR right now, an ounce 401.415 OMR and a kilo 12,905.788 OMR. Palladium .950 costs 12.260 OMR per gram because it contains only 95.0% pure metal.

The Omani rial is pegged to the US dollar at about 0.3845 rials per dollar (one rial is roughly 2.6 dollars). Prices are shown to three decimals.

How we calculate these prices

We take the global price per ounce in dollars (1,044.00), divide by 31.1035 for the gram price, then multiply by the OMR exchange rate and the purity. Prices are indicative and exclude making charges or dealer margins.

Palladium purity grades in Oman

• Fine palladium .999: 12.906 OMR per gram — for bullion bars and coins.
• Palladium .950: 12.260 OMR per gram — used in jewellery and stamped Pd950.
• Palladium .500: 6.453 OMR per gram — a lower-purity alloy used in some pieces.

What palladium is used for and what moves its price

Most palladium demand goes into catalytic converters for petrol cars; it is also used in electronics, dentistry and white-gold alloys. Production is concentrated in Russia and South Africa, so the price reacts strongly to car-industry and supply news.

Tips for buying palladium in Oman

• The palladium market is small and very volatile; prices can move sharply within days.
• Check the purity stamp (Pd950 or Pd500) on jewellery.
• Compare with the global ounce price before buying — investment palladium products are scarce in Gulf markets.