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Gold $4,604.40 Silver $69.11 Platinum $1,887.00 Palladium $1,371.00 per troy ounce · live spot
Live · updated 6 minutes ago

🇮🇸Palladium Rate in Reykjavík Today

The palladium rate in Reykjavík today is ISK 5,340,630 per kilogram for 24K, based on an international spot price of $1,371.00 per troy ounce. That is up ISK 47,524 from the previous close. This is the international spot price converted into ISK for Reykjavík. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Iceland's larger markets, with a population of around 118,918.

24K Palladium · per kilogram
ISK 5,340,630
ISK per kilogram · 1,000 g
▲ ISK 47,524 (0.91%) vs previous close (COMEX futures)
Spot $1,371.00/oz · 1 USD = 121.16 ISK
Last 12 months · 24K per kilogram
▲ 20.03%
Aug 2025 Aug 2026
COMEX futures closes Low ISK 4,214,851 High ISK 8,452,686 255 sessions

Palladium rate in Reykjavík — all karats and weights

Weight 24K22K21K18K14K
1 Gram (1 g) ISK 5,341 ISK 4,896 ISK 4,673 ISK 4,005 ISK 3,115
1 Troy Ounce (31.1035 g) ISK 166,112 ISK 152,269 ISK 145,348 ISK 124,584 ISK 96,899
1 Kilogram (1,000 g) ISK 5,340,630 ISK 4,895,577 ISK 4,673,051 ISK 4,005,472 ISK 3,115,367

All figures in ISK (Krona). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.

Last 10 days · 24K per kilogram in Reykjavík

Daily closes from COMEX front-month futures — a continuous series that predates our own spot record. Futures trade slightly above spot, so read these as the day-to-day movement, not as the counter price. Converted at the current ISK exchange rate.

Date24K / kilogramChange%
Fri, 21 Aug 2026 ISK 5,252,983 +ISK 47,524 0.91%
Thu, 20 Aug 2026 ISK 5,205,458 +ISK 17,140 0.33%
Wed, 19 Aug 2026 ISK 5,188,319 +ISK 158,544 3.15%
Tue, 18 Aug 2026 ISK 5,029,775 -ISK 167,114 -3.22%
Mon, 17 Aug 2026 ISK 5,196,889 +ISK 45,187 0.88%
Fri, 14 Aug 2026 ISK 5,151,702 -ISK 389.54 -0.01%
Thu, 13 Aug 2026 ISK 5,152,091 -ISK 185,422 -3.47%
Wed, 12 Aug 2026 ISK 5,337,513 +ISK 15,971 0.30%
Tue, 11 Aug 2026 ISK 5,321,542 -ISK 43,239 -0.81%
Mon, 10 Aug 2026 ISK 5,364,781

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Palladium rate in Reykjavík — questions

What is the palladium rate in Reykjavík today?

The palladium rate in Reykjavík today is ISK 5,340,630 per kilogram for 24K, and ISK 5,340,630 per kilogram for 24K. These are live figures converted from international spot at the current ISK exchange rate.

What is the price of 1 gram of gold in Reykjavík?

One gram of 24K palladium costs ISK 5,341 in Reykjavík, and 22K costs ISK 4,896 per gram. 18K works out at ISK 4,005.

Why is 22K cheaper than 24K in Reykjavík?

22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is ISK 445.05 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.

Is the gold rate in Reykjavík different from other cities?

The underlying metal price is identical everywhere in Iceland — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.

How often does this rate update?

The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 6 minutes ago. Exchange rates refresh alongside it.

How this price is worked out. Gold trades in one global market, quoted in US dollars per troy ounce. The Reykjavík price above is that spot price converted into ISK at the current exchange rate, then scaled to the weight and purity shown — no estimate is involved at any step. What it does not include is the jeweller's making charge, wastage, or local taxes, which vary shop to shop. Use it as the metal value, not as a shop quote. Historical rows are converted at today's exchange rate, so they show how the metal moved rather than how the ISK moved.