Palladium prices fell to $1,850 per ounce from the three-year high of $2,200 on January 26th, tracking the aggressive decline for platinum group metals as a rebound in the dollar drove markets to reconsider the speculative positions that triggered an unprecedented surge in precious metals this month. The dollar rebounded as bullion and platinum metals gave back their gains amid increasing concerns that their rallies are not backed by economic fundamentals. The support for the currency was magnified by the nomination of Kevin Warsh as the next Federal Reserve Chairman due to hawkish stances during his Governorship in the global financial crisis. On the supply side, short-term concerns were heightened by a pending review of the Canada–United States–Mexico trade deal and ongoing 50% tariff threats, given Canada’s role as a key global supplier of palladium.

Palladium rose to 1,802 USD/t.oz on February 3, 2026, up 5.69% from the previous day. Over the past month, Palladium's price has risen 2.07%, and is up 79.75% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Palladium reached an all time high of 3440.76 in March of 2022. Palladium - data, forecasts, historical chart - was last updated on February 3 of 2026.

Palladium rose to 1,802 USD/t.oz on February 3, 2026, up 5.69% from the previous day. Over the past month, Palladium's price has risen 2.07%, and is up 79.75% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palladium is expected to trade at 1746.87 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1986.89 in 12 months time.



Price Day Month Year Date
Coal 116.00 -1.50 -1.28% 9.23% 0.30% Feb/02
Bitumen 3,312.00 9.00 0.27% 4.38% -12.77% Feb/03
Cobalt 56,290.00 0 0% 5.50% 161.21% Feb/02
Lead 1,967.90 -5.35 -0.27% -2.78% -0.16% Feb/03
Aluminum 3,090.65 36.45 1.19% 0.11% 17.41% Feb/03
Tin 46,591.00 -5364 -10.32% 9.71% 55.70% Feb/02
Zinc 3,317.40 -3.80 -0.11% 3.45% 17.91% Feb/03
Nickel 17,264.13 219 1.29% -0.15% 12.54% Feb/03
Molybdenum 510.00 0 0% 12.71% 8.74% Jan/30
Palladium 1,806.00 101.00 5.92% 2.29% 80.15% Feb/03
Gallium 1,805.00 0 0% 9.39% 0% Feb/03
Germanium 14,250.00 0 0% 5.56% -14.93% Jan/30
Manganese 31.55 0 0% 4.30% 7.86% Jan/30
Indium 4,750.00 0 0% 68.14% 82.34% Feb/03
Soda Ash 1,208.00 0 0% -1.79% -19.14% Feb/02
Neodymium 965,000.00 30000 3.21% 28.24% 88.29% Jan/30
Tellurium 750.00 0 0% 2.74% 11.11% Jan/30
Rhodium 10,550.00 0 0% 8.48% 128.11% Feb/03


Palladium
Palladium is a soft silver-white metal used mostly in the production of catalytic converters for petrol cars, electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment and jewelry. The biggest producers of palladium are by far Russia and South Africa (70-80% of world output) followed by United States, Canada and Zimbabwe. Palladium Futures are available for trading in London Platinum and Palladium Market and on the New York Mercantile Exchange. The standard contact weights 100 troy ounces.
Actual Previous Highest Lowest Dates Unit Frequency
1802.00 1705.00 3440.76 78.00 1984 - 2026 USD/t oz. Daily

News Stream
Palladium is down by 5.11%
Palladium decreased 5.11% to 1616 USD/t.oz
2026-02-02
Palladium Pulls Back from 3-Year High
Palladium prices fell to $1,850 per ounce from the three-year high of $2,200 on January 26th, tracking the aggressive decline for platinum group metals as a rebound in the dollar drove markets to reconsider the speculative positions that triggered an unprecedented surge in precious metals this month. The dollar rebounded as bullion and platinum metals gave back their gains amid increasing concerns that their rallies are not backed by economic fundamentals. The support for the currency was magnified by the nomination of Kevin Warsh as the next Federal Reserve Chairman due to hawkish stances during his Governorship in the global financial crisis. On the supply side, short-term concerns were heightened by a pending review of the Canada–United States–Mexico trade deal and ongoing 50% tariff threats, given Canada’s role as a key global supplier of palladium.
2026-01-30
Palladium Hits 4-week Low
Palladium decreased to 1719.00 USD/t.oz, the lowest since January 2026. Over the past 4 weeks, Palladium gained 4.97%, and in the last 12 months, it increased 63.08%.
2026-01-30