Palladium futures extended gains to $2,200 per ounce, the highest in nearly four weeks as the dollar index moved away from 20-year highs, offering some support to palladium investors. Still, palladium prices are 30% below their March peak, amid rising interest rates and slowing growth. Central banks around the world are expected to continue hiking interest rates and maintain them elevated to control skyrocketing inflation even in a slowdown. Additionally, demand for palladium, which is used in auto catalysts for gasoline-powered vehicles, has not yet recovered to pre-pandemic levels and the surge in prices and supply chain disruptions are set to continue to weigh. However, the palladium market remains in a deficit.

Historically, Palladium reached an all time high of 3440.76 in March of 2022. Palladium - data, forecasts, historical chart - was last updated on September of 2022.

Palladium is expected to trade at 2154.43 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 2439.47 in 12 months time.

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Palladium



Price Day Month Year
Coal 435.20 -0.45 -0.10% 5.48% 140.44%
Bitumen 4,200.00 1.00 0.02% -0.99% 38.34%
Cobalt 51,955.00 0 0% 0% -2.67%
Lead 1,787.50 -49.76 -2.71% -9.15% -17.60%
Aluminum 2,153.00 -12.00 -0.55% -9.95% -25.85%
Tin 20,243.00 -1407 -6.50% -16.63% -44.99%
Zinc 2,925.50 -82.50 -2.74% -15.98% -5.43%
Nickel 23,297.50 -1184 -4.84% 9.57% 20.05%
Molybdenum 40.50 0 0% 8.00% -12.43%
Palladium 2,069.38 2.38 0.12% -3.61% 5.33%
Gallium 2,705.00 -20.00 -0.73% -10.58% 40.52%
Germanium 7,300.00 -50 -0.68% -8.75% -16.09%
Manganese 31.75 0 0% 0% -7.97%
Indium 1,485.00 0 0% -1.33% -12.65%
Soda Ash 2,670.00 0 0% 2.69% -5.90%
Neodymium 870,000.00 0 0% -2.79% 11.18%
Tellurium 480.00 0 0% 7.26% -7.25%
Iron Ore 62% fe 98.89 0.06 0.06% -6.31% -17.66%
Rhodium 14,000.00 0 0% -0.36% -3.45%


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
2062.49 2067.00 3440.76 78.00 1984 - 2022 USD/t oz. Daily