Gold, silver, and platinum futures rose to record highs in January 2026, while palladium futures did not come close to their all-time high in 2022. I asked if palladium prices would continue to rise in a January 29, 2026, Barchart article, concluding with the following:
Palladium prices were already over $1,900 per ounce in late January 2026, up by over $250 per ounce from the December 2025 closing level. The trend is always a trader’s or investor’s best friend, and it remains higher in the palladium futures market, with lots of room before the price reaches the March 2022 all-time high. I remain bullish on palladium and expect higher highs over the coming months. However, periodic downdrafts, as the market experienced when palladium futures fell by over $300 per ounce on January 27, are likely. The higher precious metals prices rise, the greater the odds of violent selloffs, which could be golden buying opportunities.
