Palladium Price Forecast – Platinum Rotation Caps Upside as Palladium Prepares for Next Cycle
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Palladium is testing strong support after a pullback driven by a stronger US dollar, rising yields, and shifting demand, but the broader structure remains bullish as key levels set up the next move.
Palladium (XPD) prices have come under pressure in 2026 after a strong rally in 2025 as stronger US dollar and rising bond yields pushed investors away from precious metals. In my opinion, this pullback is part of overall correction, caused by broader pressure and a structural shift in demand. This article presents the key macro drivers, the changing demand dynamics and the critical levels that could influence the next move in palladium.