BofA raises its 2026 average palladium price forecast to USD 1725/oz
Newsquawk Staff ·
- Raises platinum price forecast to USD 2450/oz.
What it means
Bank of America’s revision of its average palladium price forecast for 2026 to USD 1725/oz signals a bullish outlook for the metal, likely driven by anticipated supply constraints or rising demand. This adjustment, along with an increase in the platinum price forecast to USD 2450/oz, suggests potential inflationary pressures, which could influence related markets, including currencies and equities tied to commodity performance.
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