Palladium fell 1.88% in the most recent 24-hour session, bringing its price to $1,172.5 on October 3, 2026. The move extended a broader stretch of weakness for the precious metal used widely in automotive catalytic converters.
Over the trailing seven days, palladium has shed 7.68%, reflecting sustained downward momentum. The losses have accelerated on a monthly basis, with the metal dropping 14.07% over the past 30 days — a significant drawdown for a commodity that can be sensitive to shifts in industrial demand.
Market capitalization figures are not available for palladium, as is typical for physically traded commodities priced on a per-ounce basis. Price discovery for the metal occurs primarily through futures markets and spot trading.
The consecutive declines across the one-day, seven-day, and thirty-day windows point to persistent selling pressure rather than isolated session volatility. Whether industrial demand data or broader macroeconomic factors are driving the trend, the price action over recent weeks has been consistently negative.
