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Palladium price today: Rare metals down at the start of the European session

FXStreetMay 7, 2025 6:46 AM

Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Wednesday, according to FXStreet data. Palladium (XPD) changes hands at $973.20 a troy ounce, with the XPD/USD pair easing from its previous close at $978.15.

In the meantime, Platinum (XPT) trades at $988.42 against the United States Dollar (USD) early in the European session, also under pressure after the XPT/USD pair settled at $989.20 at the previous close.

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