Bearish
Palladium drops 2.94% to $1,272.90 amid stronger dollar and rate hike expectations
Palladium prices declined by 2.94% to $1,272.90 on September 23, 2026, influenced by a stronger U.S. dollar and expectations of higher interest rates. Despite UBS raising its near-term palladium price forecasts due to tighter supply, the immediate market response was negative.
Key points
- Palladium prices fell 2.94% to $1,272.90 on September 23, 2026, amid a stronger U.S. dollar and rate hike expectations.
- UBS raised its palladium price forecasts for late 2026 and early 2027, citing tighter supply conditions.
Sources
AI-generated from public news sources. Not financial advice.
