Vanessa's Vault: Why Palladium Just Hit Its Highest Price Since the Holidays Titelbild

Vanessa's Vault: Why Palladium Just Hit Its Highest Price Since the Holidays

Vanessa's Vault: Why Palladium Just Hit Its Highest Price Since the Holidays

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This is your Daily Palladium Price Tracker with Vanessa Clark podcast.

Hey friends, welcome to another episode of Daily Palladium Price Tracker. Im Vanessa Clark, your go-to guide for all things palladium, and today were diving into the hottest updates on this shiny commodity thats powering cars and grabbing investor attention.

First up, the big news: Palladium is surging. According to Trading Economics, it jumped five point zero two percent to nineteen seventy seven dollars per troy ounce, hitting a four week high of nineteen eighty dollars, the top since December. Fortune reports it at nineteen sixty eight dollars per ounce as of this morning. In Canada, Goldstock Canada says it closed at two thousand six hundred sixty dollars Canadian, up four point zero six percent. And over in China, Metal.com notes the futures contract rose four point eight five percent week over week. This rebound comes as Fed independence worries mix with easing geopolitical tensions, like Trump pulling back on European tariffs and Greenland talks, plus strong Chinese industrial output at five point two percent.

Why the spike? Investor demand is pouring in, with UBS raising their forecast to eighteen hundred dollars, expecting switches back to palladium in catalytic converters now that its cheaper than platinum. Global manufacturing resilience is key, keeping demand high despite electric vehicle shifts.

For you listeners, heres your takeaway: If youre eyeing investments, watch these momentum shifts, but keep precious metals under fifteen percent of your portfolio for balance. Palladium could climb more if investments hold strong.

Thanks for tuning in, pals. Subscribe, share with a friend, and catch you next time for more Daily Palladium Price Tracker!

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