Palladium futures plunged below $1,400 per ounce, their lowest since early October, as a broad metals sell-off deepened amid the Middle East conflict. A resurgent US dollar and climbing bond yields reduced demand for non-yielding assets, while persistent inflation concerns strengthened expectations of monetary tightening by key central banks. Palladium also remained under pressure from profit-taking, weakening automotive demand, and growing supply. After a strong rally in late 2025 and early 2026, when prices reached their highest since 2022, investors are now locking in gains, triggering further declines. The rapid transition to battery-electric vehicles (EVs), which do not require palladium, is dramatically reducing demand, while the market shifts into surplus due to increased recycling and stable production.
Palladium rose to 1,406 USD/t.oz on March 27, 2026, up 3.53% from the previous day. Over the past month, Palladium's price has fallen 21.67%, but it is still 45.55% higher than a year ago, 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 March 27 of 2026.
Palladium rose to 1,406 USD/t.oz on March 27, 2026, up 3.53% from the previous day. Over the past month, Palladium's price has fallen 21.67%, but it is still 45.55% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palladium is expected to trade at 1400.59 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 1673.61 in 12 months time.