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Palladium prices rose on Tuesday as the dollar stabilized against most major rivals ahead of important US inflation data. Investors await the US consumer prices data later this week to gather more clues on the likely path ahead for the Federal Reserve’s monetary policy. Palladium is used in cars, especially...
Palladium prices rose on Friday as the dollar trades flat against major rivals, while traders assess demand from the automotive sector. Usages and Applications The automotive industry is the major consumer of palladium, specifically to process exhaust fumes in catalytic converters. Palladium recently lost some of its sheen due to...
Palladium prices rose on Tuesday even as the dollar gained ground against most major rivals following inflation data, and amid optimism for global demand. Earlier US data showed consumer prices rose 3.2% y/y in February, up from 3.1% in January, while analysts expected no change. On a monthly basis, US...
Brent Oil Price Analysis Expected Scenario The Brent oil price rallied strongly, breaching the 90.95$ level and settling above it. This action stops the previously suggested negative scenario and resumes the main bullish trend within the bullish channel. Expected Outcome The expected outcome is for the bullish trend to continue,...
Silver Price Analysis Expected Scenario The silver price tested the bullish channel’s support line and maintains stability above it. It aims to resume the main bullish trend. Expected Outcome Stochastic is attempting to gather positive momentum to support the bullish expectations. Note that breaking 27.50$ may stop the bullish trend...
Platinum price touched 987.00 level in its last rise, to form an intraday obstacle agsint resuming the bullish attack, to notice forming temporary sideways fluctuation by its stability near 980.00. Reminding you that the continuation of the extra support at 950.00 and providing extra positive momentum by stochastic, and that...
Frequently asked questions
What is the price of Palladium today?
The price of Palladium is $1037.50 (Palladium price - Last update: 2024-04-18 10:50AM UTC)