Platinum and Palladium Price Predictions: Sharp Increase Expectations

Experts’ Predictions for Platinum and Palladium Price Increases

Financial analysts have reviewed their predictions, indicating significant developments in precious metals. The forecasts for platinum and palladium prices for the year 2026 are generating considerable excitement in the markets. Experts expect a notable increase in the value of both metals.

Increase in Demand and Supply Contraction

Several critical factors underlie analysts’ optimistic price predictions. Firstly, a contraction in supply is being observed. Additionally, existing tariff risks in international trade and investors turning to other metals instead of gold are also increasing the demand for platinum and palladium.

Striking Increases in Spot Prices

Throughout the year, the spot prices of platinum and palladium have shown a very volatile trend. Platinum has gained approximately 76% in value, while palladium has increased by 56%. These increases support the optimistic forecasts for metal prices.

2026 Price Predictions

Standard Chartered expert Suki Cooper stated that they expect platinum prices to reach higher levels in the coming years, anticipating that supply will be significantly inadequate by 2026. According to a survey conducted by Reuters, platinum prices are expected to average $1,550 in 2026. This figure represents a significant increase compared to three months ago's prediction.

Optimistic Expectations for Palladium

A similar improvement is observed for palladium as well. The median price expectation for 2026 has risen to $1,262.50, while the previous forecast was around $1,100. Experts expect palladium to be priced at an average of $1,106 in 2025.