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Apr 23, 2026 - 06:40 AM
As of 9 AM ET today, April 23, 2026, palladium is trading at $1,501.00 per ounce, dropping 5.12% from yesterday’s 9 AM mark of $1,582.00. This sharp decline reflects broader volatility in the PGM sector. According to market updates from Yahoo Finance, palladium is particularly sensitive to macroeconomic shifts; today's soaring Brent crude oil prices, which breached $100 a barrel, have increased fears of a recessionary hit to the automotive industry, palladium's primary consumer.
