Bullish
UBS raises palladium price forecasts amid tightening supply
UBS has increased its palladium price forecasts for December 2026 and March 2027 by $200 per ounce each, citing tighter physical market conditions and more resilient demand than previously expected. The bank also raised its June 2027 forecast by $100 per ounce. Despite these adjustments, UBS maintains a cautious long-term outlook due to anticipated declines in demand from vehicle electrification.
Key points
- UBS raises palladium price forecasts for late 2026 and early 2027, citing tighter supply and resilient demand.
- UBS maintains a cautious long-term outlook for palladium due to expected declines in demand from vehicle electrification.
Sources
AI-generated from public news sources. Not financial advice.
