Last Three Days: Palladium Prices Continued Rising

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Agus Dwi Darmawan 24/08/2026 11:43 WIB
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Palladium Prices Over the Last Three Months
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Palladium prices increased for trading on Friday, August 21 2026. Today palladium was recorded trading at US$ 1348.5 per troy ounce. This value is higher than the previous trading session which stood at US$ 1336.3 per troy ounce. This current movement matches the upward price trend observed for palladium over the last three days.

Over the past week, palladium price movement recorded -1.58% growth, with an average daily trading price of US$ 1,326.73 per troy ounce. According to Katadata Insight Center (KIC) calculations, palladium prices have contracted by -20.54% year-to-date (YTD) this year. The highest trading price for palladium this year was recorded at US$ 2169.9 per troy ounce on Monday, 26 January 2026.

(Read: 3-Month Nickel Commodity Contract Prices Rise Towards US$ 17,025 / Ton (Friday, 21 August 2026))

On an annual basis, average palladium trading prices over the last five years show a downward trend. Meanwhile, for monthly monitoring, trading over the last 12 months also tends to contract. The highest monthly average palladium price was recorded in January 2026 at US$ 1,874.82 per troy ounce.

Factors Affecting Palladium Prices

Palladium prices are determined by automotive industry demand (gasoline engine emission catalyst systems), concentrated supply chains in Russia and South Africa, substitution risks to platinum, and the shift towards electric vehicles which do not use these catalysts.

What Is Palladium And Why Is Its Price Monitored?

Palladium is a rare precious metal primarily used in vehicle catalytic converters. Its global supply is concentrated in only a small number of countries, making prices vulnerable to volatility.

Why Do Palladium Prices Rise Or Fall Daily?

(Read: Three-Month Coffee Contract - US Coffee C Futures Traded at 322.65 Cents This Morning (Friday, 21 August 2026))

Daily palladium prices are influenced by automotive demand, supply disruptions in Russia and South Africa, and electric vehicle adoption trends. Over the last 30 days, palladium prices have generally trended upwards.

The production halt at Freeport Gresik copper smelter may impact global palladium supply flows. As reported by Katadata: "Preliminary assessments estimate furnace repairs will be completed in the third quarter of 2026", stated company management.

Freeport production recovery following the landslide will proceed in stages until the end of 2027. As reported by Katadata: "Freeport mine production is projected to remain at approximately 65% of capacity during 2026". This trend will impact global mining metal supplies including palladium.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Market Data

Macro update by
24 August 2026
Macro
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Inflasi yoy (Jul) 2,88% -0.46
Inflasi mom (Jul) -0,14% -0.58
Economic growth 5,11% +0.08
Pertumbuhan ekonomi (yoy) (Q1) 5,61% +4.08
Persentase kemiskinan (Mar) 8,07% -0.18
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NTP (Jul) 116,16 +1.32

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