Why is Palladium Struggling at the $1,000 Level?

Written on 03/09/2025
Andrew Hecht

Palladium is a rare precious metal that comes primarily from Russia and South Africa. After reaching a high of $3,425 per ounce in early 2022, the price plunged and was trading on either side of $1,000 per ounce in March 2025.Palladium stone and ingot by RHJ via iStock