Palladium settled at $1,228.7 on Monday, a decline of 3.25% over the prior 24 hours. The move extended a slide that has gathered momentum across multiple timeframes, signaling broad and sustained selling pressure in the precious metal.
Over the past seven days, palladium has shed 5.71%, compounding losses that stretch back further. The 30-day decline now stands at 13.89%, marking one of the more severe drawdown periods for the metal in recent history based on available data.
The consecutive losses across the one-day, seven-day, and thirty-day windows paint a consistent picture of weakening demand or rising supply pressure, though the specific drivers were not detailed in available data. Market capitalization figures for palladium were not available as of the report date.
At $1,228.7 per troy ounce, palladium continues to trade well below where it opened the month, leaving the metal at a notable technical low relative to its recent range.
