Palladium tops $2,000 an ounce for first time in three years

Palladium futures for March 2026 delivery on the New York Mercantile Exchange climbed above $2,000 per troy ounce for the first time since December 2022.

Exchange data showed that by 0403 Baku time, palladium was up 9.43% at $2,003.50 an ounce. By around 0500, prices eased to $1,983 an ounce, still up 8.31% on the day.