Palladium futures rose past $1,570 per ounce, rebounding after recent losses as escalating geopolitical tensions stoked concerns over supply and broader market stability. The gains came amid ongoing conflict between the United States and Iran, with no signs of hostilities easing. Oil prices surged sharply after Donald Trump suggested the stand-off could continue for several more weeks, disrupting flows through the strategic Strait of Hormuz and raising fears of prolonged energy shortages. Investor caution rose as higher oil costs could further constrain vehicle production, limiting the use of palladium in catalytic converters and supporting prices. On the supply side, intermittent disruptions in South African palladium output continue to tighten medium-term supply. Over the past month, palladium has slipped 6.8%, but it remains 63.5% higher than a year ago.
Check Also
Close
-
Australian Shares Kick Off the Week HigherOctober 27, 2025
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





