Palladium futures hovered around $1,750 per ounce, about 20% below the three year high of $2,189.5 reached on January 25, as platinum group metals retraced earlier gains. The dollar rebounded, weighing on bullion and platinum metals, amid concerns that recent rallies lacked strong economic fundamentals. Support for the currency was reinforced by a strong US jobs report, with non-farm payrolls rising by a more than expected 130,000 and the unemployment rate unexpectedly falling, highlighting labor market resilience and tempering dovish Fed bets. Russia and South Africa account for more than 75% of global production, with Russian output facing technical constraints while South African miners are only beginning to recover profitability after a weak 2024. Demand remains mixed as strong hybrid vehicle sales support use of palladium heavy catalytic converters, offsetting some electric vehicle pressure.
Palladium rose to 1,703.50 USD/t.oz on February 13, 2026, up 2.81% from the previous day. Over the past month, Palladium's price has fallen 10.46%, but it is still 72.86% 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 February 15 of 2026.
Palladium rose to 1,703.50 USD/t.oz on February 13, 2026, up 2.81% from the previous day. Over the past month, Palladium's price has fallen 10.46%, but it is still 72.86% 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 1741.15 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 2025.29 in 12 months time.