Palladium prices averaged USD 1,277 per troy ounce in June, down 11.3% from May. On 30 June, the commodity traded at USD 1,220 per troy ounce, down 11.8% from 29 May.
In June, average palladium prices extended their downtrend, posting losses for a fifth consecutive month—June’s decline was the sharpest of the five. Palladium prices were weighed down by weak industrial demand amid persistent geopolitical uncertainty and soft global manufacturing sentiment, alongside expectations of tighter U.S. monetary policy, which reduced demand for non-yielding assets.
This chart displays Palladium (US$/toz) from 2024 to 2026.
Palladium LME (prices in US$/toz, aop)
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Palladium LME | - | - | 970 | 1,011 | 960 | 990 | 1,172 | 1,483 | 1,710 | 1,411 | - | - |