Dow / Palladium Ratio
Latest (2026-09-11): Dow = 52,573.29 · Palladium = $1323.90/oz · Ratio = 39.711 (+3.2% over the period)
What does this ratio tell you?
The Dow / Palladium ratio is the Dow Jones Industrial Average divided by the price of one troy ounce of palladium. It answers a simple question: how many ounces of palladium does one unit of the Dow buy? When the ratio rises, equities are getting relatively more expensive versus palladium; when it falls, the metal is outperforming stocks.
- Current: the ratio sits at 39.711, meaning one Dow unit buys about 39.711 ounces of palladium.
- Trend: it has moved up 3.2% over the displayed window.
- How to read it: a rising ratio favors stocks; a falling ratio suggests the precious metal is gaining relative ground. It is a quick relative-value signal, not a timing tool.
Source: daily closing data from Yahoo Finance (Dow Jones Industrial Average, ^DJI, and palladium spot, PA=F). Chart rendered with TradingView's Lightweight Charts library. Not investment advice.