The transient field (TF) technique in inverse kinematics was used to measure the g factors of the low lying 2 + 1 , 4 + 1 , and 2 + 2 states in 106 Pd. The g factor of the 4 + 1 state was determined and the g(2 + 1 ) and g(2 + 2 ) factors were remeasured. The values of g(2 + 1 ) and g(2 + 2 ) had been determined earlier in integral perturbed angular correlation (IPAC) experiments and the value of the former served to calibrate the TF. The three g factors, g(2 + 1 ), g(2 + 2 ), and g(4 + 1 ), agree with each other and with the collective Z/A value. The uncertainties in the g(2 + 2 ) and g(4 + 1 ) factors remain fairly large in spite of long measuring times because of the weak excitation of the two-phonon states. The lifetimes of the 2 + 2 and 4 + 1 states were newly determined from line-shape fits.