Gold 
“Palladium prices rose alongside platinum over the course of May, but the gains were softer than those seen in the case of platinum. Palladium prices touched an intraday high of $1,055 on 21 May, which was the highest level since February 2025. The gains in palladium also reversed more quickly than they did for platinum. In fact, by 30 May palladium prices were lower than they had been on 19 May. This should not be too surprising, given the price jump in palladium was driven more by virtue of the metal being a fairly good substitute for platinum, but not because of any positive news or fundamentals related directly to palladium.
As stated in the platinum section of this report, platinum prices are likely to linger at relatively elevated levels in the near future before declining in the coming months. This should help provide support to palladium prices as well. Palladium prices could trade near $1,000 before sliding into the low $900s over the next few months.”
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
