Palladium futures surged above $1,400 per ounce, rebounding sharply from a five-month low as renewed US-Iran tensions stoked fears of disruptions to global metal supply. Missile strikes across the Middle East and the deployment of a US amphibious assault group have intensified geopolitical risk, while a broader rebound in precious metals, including platinum and silver, has strengthened investor demand amid shifting interest rate expectations. Adding further support, Russia’s Nornickel, the world’s largest palladium producer, highlighted rising industrial demand beyond the automotive sector. The company is investing USD 100 million to cultivate new palladium markets and aims to generate approximately 1.7 million troy ounces of annual demand by 2030, including near-term applications in electrochemistry for anodes and water treatment.
Palladium rose to 1,428 USD/t.oz on March 30, 2026, up 1.56% from the previous day. Over the past month, Palladium's price has fallen 20.45%, but it is still 45.05% 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 30 of 2026.
Palladium rose to 1,428 USD/t.oz on March 30, 2026, up 1.56% from the previous day. Over the past month, Palladium's price has fallen 20.45%, but it is still 45.05% 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 1408.17 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 1684.39 in 12 months time.