# Palladium Rallies Quietly as Gold and Silver Lead

> Palladium rebounds after 47.3% drop but lags gold and silver's rally.
- Title: Palladium Rallies Quietly as Gold and Silver Lead | Shortify
- Summary: 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…
- Keywords: palladium, gold, silver, russian palladium, electric vehicle transition, antidumping duties, itc ruling, palladium price recovery, startups, business, Rallies, Quietly
- Source: Startup Fortune — https://startupfortune.com/palladium-has-quietly-rallied-while-gold-and-silver-hog-the-headlines
- Published: 2026-10-12T14:05:37+00:00
- Read time: 1 min
- Topics: palladium, gold, silver, russian palladium, electric vehicle transition, antidumping duties, itc ruling, palladium price recovery, startups, business
## 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.
## Key takeaway

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.