Palladium futures price held at $1

Palladium futures price held at $1,048 per ounce amid mixed economic indicators. Strong North American truck sales may offset weaker European car production. Gold prices steadied on Thursday, hovering around 0.1% higher after a five-day rally that saw it reach successive records. Bullion traded at $3,900 an ounce at the time of writing, about $20 below a peak set on Wednesday. The trend is always a trader or investor’s best friend, and it remains higher in gold and silver in early 2025. While the path of least resistance for gold and silver remains higher, platinum and palladium offer value as their prices are at levels that are inexpensive compared to their precious cousins. Palladium futures price printed $1,054 per ounce as traders rotated out of gold and into platinum-group metals on expectations of stronger automotive sector margins.