From Startup Fortune · · 1m 10s
Palladium Rallies Quietly as Gold and Silver Lead
Palladium rebounds after 47.3% drop but lags gold and silver's rally.
In brief
Palladium rebounds after 47.3% drop but lags gold and silver's rally. Palladium rose to $1,441 after a 47.3% decline but remains below gold's $4,000 and silver's $60 levels due to conflicting trade policies and EV demand shifts. Originally reported by Startup Fortune.
Palladium's 2026 Slide
Palladium dropped 47.3% from $2,195.50 to $1,156 by June 24, 2026.
Brief Rebound in September
Palladium briefly rose to $1,300 before sliding back to $1,150 by October 12.
Commerzbank's Forecast
Commerzbank predicted palladium would reach $1,350 by year-end, but prices fell to $1,150.
Russian Tariff Case
U.S. imposed 132.83% antidumping duty on Russian palladium after Sibanye-Stillwater filed petitions.
September 3 Price Spike
Palladium jumped 4.9% to $1,441 as Montana mine strikes and Iran tensions collided.
ITC Ruled Against Tariffs
U.S. International Trade Commission canceled Russian palladium tariffs on May 29, 2026.
Market Disagreement
Analysts disagree on palladium supply: deficit vs. balanced demand with stockpiling.
EU Policy Shift
EU reversed 2035 car ban to allow palladium-dependent catalytic converters until 2035.
Palladium's Quiet Story
Palladium remains below gold and silver despite recent rebounds due to trade policy uncertainty.
The main idea
Palladium rose to $1,441 after a 47.3% decline but remains below gold's $4,000 and silver's $60 levels due to conflicting trade policies and EV demand shifts.
