Palladium futures hovered around $1,550 per ounce, staying below recent three-week highs, as a stronger US dollar and rising bond yields dampened the appeal of non-yielding assets. However, losses were contained by persistent supply tightness. Inflation fears intensified after the collapse of US-Iran peace talks, which sent oil prices soaring and further reduced expectations for Federal Reserve rate cuts in 2026. Traders now see little chance of a US rate cut this year, a sharp reversal from pre-war forecasts of two cuts. On the supply front, the market remains constrained, with production disruptions in South Africa and uncertainty over Russian exports limiting available volumes and supporting prices.
Palladium fell to 1,564 USD/t.oz on April 17, 2026, down 1.11% from the previous day. Over the past month, Palladium's price has risen 1.79%, and is up 70.09% 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 April 17 of 2026.
Palladium fell to 1,564 USD/t.oz on April 17, 2026, down 1.11% from the previous day. Over the past month, Palladium's price has risen 1.79%, and is up 70.09% 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 1604.04 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 1846.91 in 12 months time.