Bullish
UBS raises palladium price forecasts for late 2026 and early 2027 amid tighter supply.
UBS has increased its palladium price forecasts for December 2026 and March 2027 by $200 per ounce each, citing a tighter physical market due to resilient automotive demand and contracting global mine supply. The bank also raised its June 2027 forecast by $100 per ounce. Despite these near-term bullish projections, UBS maintains a cautious long-term outlook, anticipating a decline in demand as electric vehicle adoption increases.
Key points
- UBS raises palladium price forecasts for late 2026 and early 2027.
- UBS maintains cautious long-term outlook due to expected decline in demand from electric vehicle adoption.
Sources
AI-generated from public news sources. Not financial advice.
