Palladium Gains on Geopolitical Tensions

Palladium futures rose above $1,800 per ounce, rebounding amid short-term supply concerns fueled by heightened geopolitical risks.

US President Donald Trump’s threat of additional tariffs on several European nations in the ongoing Greenland dispute has intensified tensions with key allies.

Global markets faced renewed uncertainty after Trump linked potential trade penalties to the US pursuit of Denmark’s Arctic territory.

On the policy front, investors are factoring in expectations that the Federal Reserve will hold rates at its January 27-28 meeting, while markets price in the possibility of two 25-basis-point cuts later this year.

Earlier in the week, palladium prices depreciated after Trump temporarily delayed import tariffs on critical minerals, including palladium, temporarily easing market concerns over supply disruptions.