Answer
Feb 20, 2026 - 06:20 AM
The spot price of palladium is currently $1,733.00 per ounce, up 2.33% from yesterday’s 9 AM level of $1,693.50. Palladium's upward trajectory is being supported by supply chain concerns and a technical "short squeeze" following recent margin requirement hikes by the CME Group, which forced many speculative traders to cover their positions.
