Palladium price on Nymex surpasses $2,000 per troy ounce first since December 2022

The price of palladium futures for March 2026 delivery has surpassed $2,000 per troy ounce on the New York Mercantile Exchange (Nymex) for the first time since December 13, 2022, according to trading data, TASS reports. 

Palladium price on Nymex surpasses $2,000 per troy ounce first since December 2022
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As of 3:03 a.m. Moscow time (12:03 a.m. GMT) the precious metal price was up by 9.43% at $2,003.5 per troy ounce. By 4:00 a.m. Moscow time (1:00 a.m. GMT) the price of palladium had narrowed gains to 8.31% at it traded at $1,983 per troy ounce.

It should be noted, gold and silver prices continue their rapid ascent, setting new record highs on the New York based COMEX.

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