Answer
Apr 08, 2026 - 06:41 AM
Yes, palladium is trading at $1,623.00 per ounce as of 9 AM ET, a robust 9.11% recovery from yesterday’s $1,487.50. Palladium is highly sensitive to industrial sentiment, and the de-escalation of tensions has prompted heavy short-covering by traders who had bet against the metal during the energy crisis.
