Daily Palladium Price Tracker with Vanessa Clark

Palladium Soars: Geopolitics, Rate Cuts, and Car Demand Fuel Precious Metal's Rise


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

Hello everyone and welcome back to the Daily Palladium Price Tracker. I'm your host Vanessa Clark, and I'm so excited to be here with you today to dive into what's happening in the palladium market right now.

Let's jump right into today's trading numbers. As of this afternoon, palladium is trading at around 1,527 dollars per troy ounce, showing a gain of about 19 dollars, which represents a 1.26 percent increase from yesterday. That's some really positive momentum we're seeing in the market right now.

Now, if we zoom out a bit and look at where we've been recently, the palladium market has been on quite a ride. Just two days ago on October 13th, we saw palladium surge by over 61 dollars in a single day to reach 1,509 dollars per ounce. That was a remarkable 2.5 percent jump that really got traders' attention. The very next day, October 14th, palladium continued climbing, adding another 22.50 dollars to close at 1,531.90 per ounce with a 1.5 percent gain.

So what's driving all this action? Well, a lot of it has to do with geopolitical tensions and trade war concerns between the United States and China. President Trump has been threatening additional tariffs on China, particularly over rare earth minerals, and this kind of uncertainty tends to push investors toward precious metals as safe haven assets. On top of that, expectations for Federal Reserve interest rate cuts have been weakening the dollar, which makes commodities like palladium more attractive to international buyers.

Looking at the bigger picture, palladium has come a long way this year. Back in 2024, prices were hovering between 900 and 1,100 dollars per ounce. By mid-2025, we'd climbed to around 1,200 dollars, and now we're sitting comfortably above 1,500 dollars. That's some impressive growth, and it reflects the ongoing strong demand from the automotive industry where palladium plays a crucial role in catalytic converters.

Thanks so much for tuning in today. Be sure to subscribe to the Daily Palladium Price Tracker so you never miss an update, and I'll see you back here tomorrow with more palladium market news. Until then, happy investing!

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Daily Palladium Price Tracker with Vanessa ClarkBy Inception Point Ai