The Pd-Fe-Ox/Al2O3 catalysts were prepared by co-impregnation (co-Pd-Fe-Ox/Al2O3) and sol-gel method (sol-gel-Pd-Fe-Ox/Al2O3) and characterized by N-2 adsorption-desorption, X-ray diffraction (XRD), H-2-temperature programmed reduction (H-2-TPR), and X-ray photoelectron spectroscopy (XPS). The CO catalytic oxidation was investigated over Pd-Fe-Ox/Al2O3 catalysts prepared by different methods. The 100% conversion temperature (T (100)) over pre-reduced co-Pd-Fe-Ox/Al2O3 (co-Pd-Fe-Ox/Al2O3-R) and pre-reduced sol-gel-Pd-Fe-Ox/Al2O3 (sol-gel-Pd-Fe-Ox/Al2O3-R) is 90 and 25 A degrees C when fed with the reaction mixture containing 1 vol.% CO and a balance of air, respectively. XRD results indicate that the sol-gel method is favorable for the high dispersion of PdO particles compared with co-impregnation method. H-2-TPR results suggest that the interaction between Pd and Fe is existent over both sol-gel-Pd-Fe-Ox/Al2O3 and co-Pd-Fe-Ox/Al2O3 catalysts, while the interaction in former catalyst is stronger than that in the latter. The XPS results show that the Pd species on the surface of both sol-gel-Pd-Fe-Ox/Al2O3-R and co-Pd-Fe-Ox/Al2O3-R catalysts are the mixture of oxide and metal state, leading to the high activity for CO oxidation. Furthermore, the different Pd2+/Pd-0 ratio may be the reason for the different activity between sol-gel-Pd-Fe-Ox/Al2O3-R and reduced co-Pd-Fe-Ox/Al2O3-R catalysts.