Why are Palladium (LBMA) Prices so high?
30-06-2026 - Over the past month, the price of Palladium (LBMA) has experienced a notable decline, falling from $1,359/oz to $1,212/oz. This significant drop highlights a downward trend in the raw material market, suggesting possible changes in demand or supply dynamics. The forecast for Palladium (LBMA) is $1,231.4/oz, representing a modest increase of 1.6% from the current price of $1,212.0/oz. This indicates a generally stable trend with minimal risk, as the price change is only $19.4/oz.
The current forecast presents mixed signals. Technical data points to upward pressure on prices, with a $38.6/oz impact driven by Traders' Positions. Conversely, data on Demand, Flows, and Supply suggests downward pressure, with respective impacts of -$6.0, -$13.3, and -$3.9/oz on the raw material price.
Looking ahead, the LBMA's 2026 Precious Metals Forecast Survey reveals that analysts expect palladium prices to average $1,740.25/oz in 2026, marking a 51% increase from the 2025 average of $1,150.29/oz. This projection indicates a positive outlook for palladium prices, supporting the anticipated upward trend.
The current forecast presents mixed signals. Technical data points to upward pressure on prices, with a $38.6/oz impact driven by Traders' Positions. Conversely, data on Demand, Flows, and Supply suggests downward pressure, with respective impacts of -$6.0, -$13.3, and -$3.9/oz on the raw material price.
Looking ahead, the LBMA's 2026 Precious Metals Forecast Survey reveals that analysts expect palladium prices to average $1,740.25/oz in 2026, marking a 51% increase from the 2025 average of $1,150.29/oz. This projection indicates a positive outlook for palladium prices, supporting the anticipated upward trend.
What is the current / spot price of Palladium (LBMA)?
Palladium (LBMA) Price Today
September 30, 2026
Current Price
1212
$/t
What is the forecast for the price of Palladium (LBMA)?
Palladium (LBMA) Price Forecast
September 30, 2026
1 Month Forecast
1231.4
$/t
1 Year Forecast
1128
$/t
What are the short-term drivers of Palladium (LBMA) prices?
Over the 1 Month horizon the outlook is bullish due to drivers such as: - The net positions of speculators on NYMEX - Short term price trends - US PMI Br(None) The top contrary drivers for the 1 Month horizon are: - EWMA-based technical analysis - US Equities
What are the long-term drivers of Palladium (LBMA) prices?
Over the 1 Year horizon the outlook is bearish due to drivers such as: - Palladium Stocks (CMX) - Movements in the Euro Br(None) The top contrary drivers for the 1 Year horizon are: - Long term price trends - Movements in the Chinese Yuan - The net positions of speculators on NYMEX
Will the price of Palladium (LBMA) go up?
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1 Week
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