Palladium · XPDUSD Daily Market Briefing

Bullish

Palladium prices surge to $1,356.48 amid supply concerns and tariff speculations.

Palladium prices have risen to $1,356.48 per ounce, driven by supply concerns and potential U.S. tariffs on Russian palladium. Bank of America projects a price target of $2,200 by the end of 2026.

Key points

  • Palladium prices reached $1,356.48 per ounce, up 0.09% from the previous day.
  • Bank of America forecasts palladium prices to hit $2,200 by the end of 2026.
  • U.S. trade case against Russian palladium tariffs dismissed in May 2026.

Sources

AI-generated from public news sources. Not financial advice.

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