Palladium (LBMA) Prices

15-04-2026 - Over the past month, the price of Palladium (LBMA) has fallen from $1,612.0 per ounce to $1,557.0 per ounce. This decline suggests a downward trend in the raw material market, potentially due to shifts in supply-demand dynamics or broader economic factors impacting palladium's valuation. The forecast predicts a further decrease to $1,481.5 per ounce, down from the current price of $1,557.0 per ounce, representing a decline of $75.5 per ounce or 4.8%. This indicates continued downward pressure on palladium prices, primarily driven by supply factors, especially inventories, which have a price impact of -$22.0 per ounce. All data types, including demand, flows, and technical indicators, support this downward trend.

Despite this forecast, external analyses suggest a potential increase in palladium prices by 2026. Consulting firm Kept projects that the average palladium price could rise by 31-60% year-on-year, reaching between $1,500 and $1,800 per ounce, depending on market conditions. This presents a contrasting view from external sources regarding the future direction of palladium prices. Overall, while the short-term outlook indicates a decline, there is optimism for a price rebound in the longer term.