6:07 PM · 14 February 2023

BREAKING: Palladium drops 5% and tests 2020 lows

Higher-than-expected CPI reading for January from the United States led to strengthening of the US dollar, which was further magnified by comments from Fed members Barkin and Logan. USD is the second best performing G10 currency at press time, trailing only the British pound. Precious metals found themselves under pressure, what is usually the case at times of USD strengthening. Declines can be spotted all across precious metals markets with gold dropping 0.2%, silver trading 1% lower and platinum taking a 2.3% hit. However, palladium is a top laggard with a 5% plunge today.

Taking a look at the PALLADIUM chart at weekly interval (W1), we can see that the downtrend on this precious metal market is not only continuing but also accelerating. Price broke below the $1,500 mark for the first time in almost 3 years. Bears continued to push the price lower and PALLADIUM even traded below 2020 Covid lows for a brief moment.

Source: xStation5

4 September 2026, 6:45 AM

Morning Wrap: Can NFP Confirm Waller’s Dovish Turn?

3 September 2026, 7:08 PM

Daily Summary: Nasdaq, Gold, and Bitcoin benefit from lower bond yields (03.09.2026)

3 September 2026, 6:16 PM

Gold recovers losses

2 September 2026, 3:48 PM

EIA data points to a decline in U.S. crude oil inventories; OPEC+ decision in focus

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits