Palladium futures fell below $1,400 per ounce, easing after a brief period of stabilization as investors assessed the inflationary impact of rising energy prices and growing expectations that interest rates may remain elevated for longer. Renewed US military strikes on Iranian targets near the Strait of Hormuz deepened concerns over global energy supply disruptions, pushing Brent crude up 2% to $96.15 per barrel and reinforcing expectations that major central banks may delay monetary easing. A stronger US dollar and higher Treasury yield outlook also weighed on sentiment toward non-yielding precious metals. Still, palladium continued to draw support from tight supply conditions, as ongoing production challenges in South Africa and uncertainty surrounding Russian exports kept supply concerns elevated. Despite recent weakness, palladium prices remain 42.87% higher than a year ago, although they have fallen 6.19% over the past month.
Palladium fell to 1,366 USD/t.oz on May 28, 2026, down 2.25% from the previous day. Over the past month, Palladium's price has fallen 7.01%, but it is still 41.63% 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 May 28 of 2026.
Palladium fell to 1,366 USD/t.oz on May 28, 2026, down 2.25% from the previous day. Over the past month, Palladium's price has fallen 7.01%, but it is still 41.63% 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 1384.04 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 1631.93 in 12 months time.