Palladium (LBMA) Prices

October 23, 2025

Why are Palladium (LBMA) Prices so high?

23-10-2025 - Palladium prices surged by 21.2% over the past month, from $1176.0 to $1425.0 per ounce. The high was $1575.0 on October 16th, with the low matching the starting price on September 22nd.

Our one month forecast for Palladium (LBMA) is 1424.6 $/oz, with a minimal decrease of -0.4 $/oz, indicating a flat trend. Our analysis suggests a balanced market risk around this forecast.

Our current forecast indicates that Supply data has the most significant impact, decreasing the price forecast by -$11.70 per ounce. Specifically, the Inventories family within the Supply data type contributes to this decrease. Overall, all types of data, including Demand, Flows, Supply, and Technical, align in predicting a downward price trend.

What is the current / spot price of Palladium (LBMA)?

Palladium (LBMA) Price Today

October 23, 2025

Current Price

2093

$/t

What is the forecast for the price of Palladium (LBMA)?

Palladium (LBMA) Price Forecast

October 23, 2025

1 Month Forecast

1424.6

$/t

1 Year Forecast

1288.7

$/t

What are the short-term drivers of Palladium (LBMA) prices?

What are the long-term drivers of Palladium (LBMA) prices?

Over the 1 Month horizon the outlook is moderately bearish due to drivers such as: - Short term price trends - EWMA-based technical analysis - Palladium Stocks (CMX) Br(None) The top contrary drivers for the 1 Month horizon are: - Long term price trends - The shape of the futures curve

Over the 1 Year horizon the outlook is bearish due to drivers such as: - Long term price trends - Short term price trends - Palladium Stocks (CMX) Br(None) The top contrary drivers for the 1 Year horizon are: - EWMA-based technical analysis - The shape of the futures curve