Commodities

Palladium Edges Up 0.07% on the Day but Remains Deep in Monthly Decline

Palladium posted a slim 24-hour gain on October 16, 2026, though the metal remains sharply lower over the past month.

By Love Wallet · October 16, 2026

Palladium Edges Up 0.07% on the Day but Remains Deep in Monthly Decline
Price
$1,133
24h
+0.07%
1 week
-2.15%
1 month
-13.86%

Palladium (XPD) settled at $1,133.34 on October 16, 2026, notching a modest 24-hour gain of 0.07%. The fractional advance offered little relief from a broader pattern of weakness that has weighed on the precious metal in recent weeks.

Over the trailing seven days, palladium has declined 2.15%, extending a more pronounced slide over the past month. The 30-day loss stands at 13.86%, reflecting sustained selling pressure that has pulled the commodity well below its recent levels.

Market capitalization data is not available for palladium, as is typical for physically traded commodities priced on a per-ounce basis. Price discovery for the metal occurs primarily through futures and spot markets rather than a defined market cap figure.

The day's marginal uptick did little to alter the near-term trajectory suggested by the weekly and monthly figures, which together indicate palladium has faced consistent headwinds over the measured periods.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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