Palladium traded at $1,094.09 on Tuesday, slipping 1.46% over the prior 24 hours as selling pressure continued to weigh on the metal.
The single-session decline is part of a broader pullback. Over the past seven days, palladium has lost 3.65%, and the 30-day picture is significantly more severe, with the metal shedding 16.12% of its value over that stretch.
The sustained downward trend marks a notable period of weakness for palladium, which has now given back a substantial portion of value across all three measured timeframes. Market capitalization data for the commodity was not available.
Palladium is primarily used in catalytic converters for gasoline-powered vehicles, making it sensitive to shifts in automotive demand and industrial activity. Tuesday's price action reflects continued pressure across the near- and medium-term windows.
