Palladium weekly special report based on 1.00 Lot Calculation:
PALLADIUM USE AND MARKET SHARE:
- Palladium is mostly used in catalytic converters by the car industry to reduce harmful gas emissions, while tightening regulations are forcing automakers to put more Palladium into each vehicle, which in turn could keep the demand outlook positive. Palladium has also been used in fuel cells to generate power.
- MARKET SHARE (PRODUCERS): Russia is the largest producer, holding 43% of the market, while South Africa is the second largest with 33.00% of the market. Canada is third on the list with 9.5% of the global production.
- MARKET SHARE (CONSUMERS): China is the largest Palladium consumer with 31%, while Europe and North America (USA) hold 20% each. Japan stands at 11%.
GEOPOLITICS: CHINA – USA TRADE DEAL TO BE SIGNED THIS WEEK
- BREAKING (THURSDAY, OCTOBER 30): U.S. PRESIDENT TRUMP AND CHINA’S PRESIDENT XI REACH ONE-YEAR TRADE TRUCE. The leaders agreed on a deal covering rare earths and critical minerals, reduced total tariffs on Chinese goods to 47%, and halved fentanyl-related tariffs to 10%, with Beijing also pledging to curb fentanyl exports and resume U.S. agricultural purchases.
EVENTS:
- WEDNESDAY, NOBEMBER 5 AT 13:15 GMT: ADP NONFARM EMPLOYMENT CHANGE (OCTOBER): A weaker-than-expected employment reading could raise expectations for additional Federal Reserve rate cuts, putting downward pressure on the U.S. dollar and supporting higher palladium prices. (PREVIOUS: -32K)
- FRIDAY, NOVEMBER 7 AT 03:00 GMT: CHINA EXPORT/IMPORT (OCTOBER): Stronger trade data would signal robust external demand and improving domestic consumption, both of which support industrial activity and auto production, key drivers of palladium demand. (PREVIOUS EXPORT: +8.3%; PREVIOUS IMPORT: +7.4%)
- SUNDAY, NOVEMBER 9 AT 01:30 GMT: CHINA INFLATION (CPI) (OCTOBER): A rebound in consumer prices could indicate recovering domestic demand and stronger economic momentum, potentially boosting expectations for higher industrial palladium use. (PREVIOUS: -0.3%)
- FRIDAY, NOVEMBER 14 AT 02:00 GMT: CHINA INDUSTRIAL PRODUCTION (OCTOBER): A stronger-than-expected reading would confirm growth in China’s manufacturing and automotive sectors, likely supporting palladium prices through increased demand for catalytic converters and industrial applications. (PREVIOUS: +6.5%)
TECHNICAL ANALYSIS:
- UPTREND SINCE APRIL 2025: As shown in the daily chart below, palladium has been in a steady uptrend, supported by a rising uptrend channel since April 2025. However, the price could decline.
- PALLADIUM PRICE ABOVE 50-, AND 100-DAILY MOVING AVERAGES: Palladium price has remained above its 50-, and 100-day moving averages, indicating a potential uptrend. The trend could reverse if Palladium price goes below these averages.
- PALLADIUM HIT AN ALL-TIME HIGH OF $3,409 (March 2022): Palladium price has traded around $1,460, and if a full recovery takes place, the price of palladium could see an upside of around 134%. Although the price could decline as well.
GRAPH (Daily): April 2025 – November 2025
Please note that past performance does not guarantee future results
Palladium, November 3, 2025.
Current Price: 1,460
|
PALLADIUM |
Weekly |
|
Trend direction |
|
|
1,800 |
|
|
1,700 |
|
|
1,580 |
|
|
1,350 |
|
|
1,330 |
|
|
1,310 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
PALLADIUM |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
34,000 |
24,000 |
12,000 |
-11,000 |
-13,000 |
-15,000 |
|
Profit or loss in €² |
29,516 |
20,835 |
10,417 |
-9,549 |
-11,285 |
-13,022 |
|
Profit or loss in £² |
25,871 |
18,262 |
9,131 |
-8,370 |
-9,892 |
-11,414 |
|
Profit or loss in C$² |
47,738 |
33,697 |
16,849 |
-15,445 |
-18,253 |
-21,061 |
- 1.00 lot is equivalent of 100 units
- Calculations for exchange rate used as of 12:55 (GMT) 3/11/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.