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Apr 16, 2026 - 06:36 AM
Palladium is trading at $1,592.00 per ounce as of 9 AM ET, down 0.96% from yesterday’s $1,607.50. While other metals are rallying, palladium faces specialized pressure from U.S. tariff discussions regarding Russian imports and shifting automotive demand. Despite today's dip, major refiners like Nornickel are projecting a supply deficit for the remainder of 2026, which may provide a price floor in the coming weeks.
