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Published: Dec 16, 2023 14:17
Palladium prices rebound significantly, industry insiders say the fundamentals do not support further increases. Recently, the price of palladium has rebounded noticeably. The rebound is related to the significant decline in the previous period on the one hand, and the expectation of the Federal Reserve pausing interest rate hikes on the other. There has not been much change in demand, and the fundamentals do not support further increases in the price of palladium.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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