Answer
Feb 05, 2026 - 06:28 AM
As of 9 AM ET, palladium is trading at $1,699.50 per ounce, down 9.15% from yesterday’s price of $1,870.60. The spot price of palladium continues to be influenced by its primary use in automotive catalytic converters. Today’s downward movement is consistent with the broader retreat across the platinum group metals (PGMs) as investors adjust their portfolios in response to rising Treasury yields and a rebounding greenback.
