BofA raises its 2026 average palladium price forecast to USD 1725/oz

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.

Newsquawk StaffPublished On the live feed at 6 more headlines followed before this page went public
Newsquawk headlinesUTC

Thailand could reportedly limit online gold trading by THB 100-200mln per person

Rio Tinto (RIO LN) is reportedly said to be open to owning coal if it purchases Glencore (GLEN LN), via Bloomberg

BofA raises its 2026 average palladium price forecast to USD 1725/oz

[MARKET ANALYSIS] Fixed relatively flat as we count down to NFP

Russian crude oil production came in at 9.33mln BPD in December, Bloomberg reports; over 100k BPD below November's level due to drone activity and the impact of sanctions

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • Raises platinum price forecast to USD 2450/oz.
Context

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.

Related headlines

The whole workspace, free to try.

Try it free