Palladium Price Outlook
“Palladium prices are now back to levels they were in September 2025. Prices are expected to move sideways to lower over the next couple of months. Weakness in passenger vehicle demand, ongoing increase in battery electric vehicle (BEV) sales, uncertain economic conditions, and seasonal weakness in palladium prices are expected to keep downward pressure on prices over the next few months.
Palladium prices are most likely to move in a sideway fashion around $1,200. However, it would not be surprising to see palladium prices slip toward $1,000 in the near term. That said, palladium prices already have declined substantially over the past few months and are beginning to look oversold. This could slow any decline in palladium prices in the near term. Palladium mine supply also is expected to decline this year, which could provide additional support to palladium prices, preventing any sustained weakness.”
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
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