Staff Answer
May 06, 2026 - 06:28 AM
Palladium saw a steady gain this morning, reaching $1,552.50 per ounce at 9 AM ET—a 1.77% increase over yesterday’s $1,525.50. This modest uptick reflects a stabilization in the automotive sector and renewed interest in the metal's role in hybrid vehicle catalytic converters. While it trails the gains of the other three major metals, palladium is finding support from geopolitical tensions in Eastern Europe, which remain a persistent threat to global supply chains.
