Trade Palladium Spot CFD

Trading Conditions

• Type: CFD
• Spread: 11.70
• Long position overnight funding adjustment: -0.01066%
• Short position overnight funding adjustment: 0.00245%
• Overnight funding adjustment time: 22:00 (UTC)
• Currency: USD
• Min traded quantity: 0.01
• Margin: 10.00%
• Commission on trade: 0%
• Guaranteed stop premium: 0.03%

Palladium

Palladium is a lustrous, extremely rare white precious metal, which offers an investment that has a high intrinsic value and may bring added diversity to your portfolio. Given its many uses and extraordinary rarity, this metal should have value long after any debt or currency crisis.

The supply of palladium is concentrated in a handful of countries, coming from reserves in South Africa, Zimbabwe, Russia, the United States and Canada. Yet there is growing demand from the automotive industry for its use in exhaust systems. Governments worldwide, especially in China, are tightening regulations to cut down pollution from vehicles, forcing manufacturers to increase the amount of palladium they use.

Besides, palladium is an essential metal for a range of other industries, including electronics, medicine, dentistry, jewellery production, oil refining, chemical applications and groundwater treatment.

Trade Palladium Spot (Palladium) CFDs

Palladium Spot (ticker: Palladium) is a commodity market instrument that reflects the price of a specific raw material or natural resource. On Capital.com, it can be traded as a contract for difference (CFD) which lets you speculate on price changes without taking ownership of the physical asset. This means you can go long or short depending on how you think the market will move.*

Many traders follow the Palladium Spot price today to stay alert to short-term shifts in market sentiment.

*CFDs are traded on margin. Leverage amplifies both profits and losses.

Palladium Spot price today

The instrument is quoted in $ and is currently trading around 1715.10.

Live price overview

Below is an overview of the current Palladium Spot price and its recent trading ranges.

• Daily range: 1701.6 – 1847.9
• Daily movement: -116.8 (-6.4176%)
• Weekly range: 1485.2 – 1846.1
• Monthly range: 1443.5 – 1961
• Yearly range: 884.3 – 1961

Why trade commodity CFDs on the price of Palladium Spot with Capital.com?

Capital.com provides tools and features designed to support informed decision-making when analysing live market prices.

Advanced charting and analysis

Use interactive tools to study the Palladium Spot price chart in detail.

• Access 100 technical indicators
• Choose from 12 chart types
• Analyse fast, interactive charting tools

Wide market offering

Join over 798 global traders and explore a wide range of markets:

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What influences the price of Palladium Spot?

The Palladium Spot (Palladium) price may be influenced by several market factors, including:

• Supply and demand dynamics
• Global economic conditions
• Geopolitical events affecting production or transport
• Seasonal trends
• Market sentiment and risk appetite
• Currency fluctuations

These factors can interact in complex ways, contributing to both short-term movements and longer-term trends.

Palladium Spot price forecasts

Palladium Spot price forecasts commonly reference recent news, company updates, and broader economic factors rather than fixed price targets. You can use a combination of technical analysis and fundamental insights to form a view of potential future price movements. However, analyst forecasts are often inaccurate and past performance is not a reliable indicator of future results.

Instead of relying on a single outlook, some traders monitor ongoing analysis and real-time data to respond to changing market conditions.

How to trade Palladium Spot commodity CFDs

With CFDs, you can trade without owning the underlying physical commodity:

• Go long (buy) if you expect prices to rise
• Go short (sell) if you expect prices to fall

Leverage allows increased exposure but also magnifies losses.

Risks of trading commodity CFDs

Key risks include:

• High market volatility
• Leverage amplifying both losses and gains
• Funding costs for holding positions overnight
• No ownership of the underlying commodity