Answer
Jan 16, 2026 - 06:19 AM
As of 9 AM ET on January 16, 2026, the spot price of palladium is $1,751.62 per ounce, down -3.58% from $1,816.00 at the same time yesterday. The sharper decline stems from easing auto production pressures and investor sell-offs, but persistent mining constraints and potential U.S. tariffs keep the market geared for potential recovery.
