Staff Answer
May 05, 2026 - 06:39 AM
Palladium is the top performer in the complex this morning. At 9 AM ET today, May 5, 2026, the palladium spot price is $1,525.50 per ounce, jumping 1.90% from yesterday’s $1,497.00. This spike is a direct reaction to renewed logistics concerns in the Palabora region and a technical "short squeeze." While the long-term shift toward EVs remains a headwind, today’s price action reflects immediate concerns regarding available physical stocks in London and Zurich vaults, catching many bearish traders off guard.
