Palladium futures fell to around $1,170 per ounce, reaching a one-year low, pressured by a stronger US dollar and elevated Treasury yields as investors awaited US payrolls data for clues on the Federal Reserve’s rate path. The dollar climbed to a 17-month high, while 10-year Treasury yields rose to their highest level since 2002, making dollar-priced metals more expensive for overseas buyers and reducing the appeal of non-yielding assets. Meanwhile, expectations of weaker automotive demand and a shift toward a market surplus, amid declining gasoline vehicle production and higher recycling, have added to longer-term pressure on palladium prices. On the supply side, lower mine output, particularly from Russia, is expected to limit the downside, although increased recycling is likely to offset part of the decline. Year-to-date, palladium has dropped 28.40%.
Palladium fell to 1,172.50 USD/t.oz on October 2, 2026, down 0.64% from the previous day. Over the past month, Palladium's price has fallen 18.58%, and is down 6.87% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Palladium reached an all time high of 3440.76 in March of 2022. Palladium - data, forecasts, historical chart - was last updated on October 3 of 2026.
Palladium fell to 1,172.50 USD/t.oz on October 2, 2026, down 0.64% from the previous day. Over the past month, Palladium's price has fallen 18.58%, and is down 6.87% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palladium is expected to trade at 1116.85 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 963.09 in 12 months time.