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