Palladium Holds at Lowest Since in 16 Months
Bullish strength: 20/100
- Constrained Russian output could limit palladium supply.
- Nornickel warned that a plant overhaul could extend into 2028.
- A modest recovery is expected in 2027 amid stable hybrid-catalyst demand.
Bearish strength: 80/100
- Palladium futures fell below $1,100 an ounce, their lowest level since June 2025.
- Persistent investment outflows and a bearish long-term demand outlook are weighing on prices.
- The auto sector, responsible for over 80% of palladium demand, faces EV adoption, weak vehicle sales and tighter consumer spending.
- Expectations of another Federal Reserve rate hike could further weaken investment demand for the non-yielding metal.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.