Actual
1,274.00
Daily Change
4.50 0.35%
Monthly
-4.46%
Yearly
0.75%
Q3 Forecast
1,327.27
Palladium - Summary

Palladium futures held near $1,300 per ounce, their lowest level in over a month, following the Federal Reserve’s monetary policy meeting. As widely expected, the Fed hiked its benchmark rate for the first time since 2023 and is expected to deliver another hike this year amid elevated economic and geopolitical uncertainty, raising the opportunity cost of holding non-yielding assets such as palladium. Meanwhile, UBS forecasts a market surplus for palladium, as increased recycling and weaker consumption of catalytic converters are expected to more than offset lower mining output compared with last year. Persistent supply vulnerabilities in South Africa, linked to elevated operating costs and power grid instability, continued to raise concerns over mined output, while ongoing trade and geopolitical risks affecting Russian palladium also provided a supportive backdrop for prices.

Palladium - Stats

Palladium rose to 1,277.50 USD/t.oz on September 24, 2026, up 0.63% from the previous day. Over the past month, Palladium's price has fallen 4.20%, but it is still 1.03% 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 September 24 of 2026.

Palladium - Forecast

Palladium rose to 1,277.50 USD/t.oz on September 24, 2026, up 0.63% from the previous day. Over the past month, Palladium's price has fallen 4.20%, but it is still 1.03% 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 1327.27 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 1592.90 in 12 months time.



Price Day Month Year Date
Coal 144.70 -0.70 -0.48% 10.04% 39.67% Sep/23
Bitumen 5,097.00 100.00 2.00% 11.97% 48.17% Sep/24
Cobalt 39,640.00 0 0% -29.58% 14.73% Sep/23
Lead 1,923.45 -4.08 -0.21% 0.98% -4.75% Sep/24
Aluminum 3,243.30 -8.20 -0.25% 0.78% 22.11% Sep/24
Tin 54,214.00 270 0.50% -2.75% 58.05% Sep/22
Zinc 3,896.75 -3.53 -0.09% 0.24% 33.08% Sep/24
Nickel 16,459.75 -10 -0.06% -3.46% 8.00% Sep/24
Molybdenum 620.50 0 0% -0.32% 22.27% Sep/24
Palladium 1,274.00 4.50 0.35% -4.46% 0.75% Sep/24
Gallium 1,750.00 0 0% -3.05% 5.11% Sep/24
Germanium 27,250.00 250 0.93% 9.00% 91.23% Sep/24
Manganese 28.85 0 0% 0.35% -3.35% Sep/24
Indium 5,250.00 0 0% -1.87% 107.92% Sep/24
Soda Ash 1,050.00 0 0% 1.94% -11.47% Sep/23
Neodymium 947,500.00 0 0% -0.52% 20.70% Sep/24
Tellurium 798.50 0 0% -0.81% 34.20% Sep/24
Rhodium 9,300.00 0 0% 5.68% 29.62% Sep/24


Palladium
Palladium is a soft silver-white metal used mostly in the production of catalytic converters for petrol cars, electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment and jewelry. The biggest producers of palladium are by far Russia and South Africa (70-80% of world output) followed by United States, Canada and Zimbabwe. Palladium Futures are available for trading in London Platinum and Palladium Market and on the New York Mercantile Exchange. The standard contact weights 100 troy ounces.
Actual Previous Highest Lowest Dates Unit Frequency
1277.50 1269.50 3440.76 78.00 1984 - 2026 USD/t oz. Daily

News Stream
Palladium Holds Steady
Palladium futures held near $1,300 per ounce, their lowest level in over a month, following the Federal Reserve’s monetary policy meeting. As widely expected, the Fed hiked its benchmark rate for the first time since 2023 and is expected to deliver another hike this year amid elevated economic and geopolitical uncertainty, raising the opportunity cost of holding non-yielding assets such as palladium. Meanwhile, UBS forecasts a market surplus for palladium, as increased recycling and weaker consumption of catalytic converters are expected to more than offset lower mining output compared with last year. Persistent supply vulnerabilities in South Africa, linked to elevated operating costs and power grid instability, continued to raise concerns over mined output, while ongoing trade and geopolitical risks affecting Russian palladium also provided a supportive backdrop for prices.
2026-09-17
Palladium Rebounds From Three-Week Low
Palladium futures rose to around $1,320 per ounce, rebounding from three week lows as a softer US dollar and short covering supported prices ahead of the Federal Reserve's policy decision. Palladium gained alongside broader gains across precious metals, with markets pricing a 92.4% chance of at least a 25 basis point rate hike. Fluctuations in Treasury yields also encouraged buying of dollar denominated commodities, while stretched short positioning after recent losses prompted further covering. Meanwhile, persistent supply vulnerabilities in South Africa, linked to elevated operating costs and power grid instability, continued to raise concerns over mine output. Ongoing trade and geopolitical risks affecting Russian palladium also provided a supportive backdrop for prices.
2026-09-16
Palladium Hits 5-week Low
Palladium decreased to 1285.00 USD/t.oz, the lowest since August 2026. Over the past 4 weeks, Palladium lost 6.33%, and in the last 12 months, it increased 6.94%.
2026-09-11