Palladium prices decline amid profit-taking and stronger US dollar
Palladium futures fell below $1,330 on August 25, 2026, as profit-taking and a firmer US dollar limited gains. The greenback strengthened due to safe-haven demand following US sanctions on Iran and its trading partners, reducing demand for dollar-denominated precious metals. Investors also took profits across the metals complex following the US Treasury’s announcement of increased buybacks of long-term government debt aimed at lowering elevated borrowing costs. Attention now turns to US inflation data on Wednesday, which could provide further clues on the outlook for monetary policy. On the supply side, concerns over lower Russian palladium output and reduced refined production from South African processing disruptions continued to provide underlying support.
Key points
- Palladium futures fell below $1,330, easing from a one-week high as profit-taking and a firmer US dollar limited gains ahead of US inflation data.
- Investors took profits across the metals complex following the US Treasury’s announcement of increased buybacks of long-term government debt aimed at lowering elevated borrowing costs.
- Attention now turns to US inflation data on Wednesday, which could provide further clues on the outlook for monetary policy.
- Concerns over lower Russian palladium output and reduced refined production from South African processing disruptions continued to provide underlying support.
Sources
AI-generated from public news sources. Not financial advice.
