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Feb 09, 2026 - 06:22 AM
The palladium spot price is at $1,701.50 per ounce as of 9 AM ET, up 0.32% from Friday’s $1,696.00. Despite this slight gain, palladium remains the most cautious performer among the major precious metals today. Analysts point to a bearish outlook for 2026 due to the sustained transition toward electric vehicles, which reduces the long-term demand for palladium-heavy internal combustion engine (ICE) exhaust systems.
