Quarterly Outlook
Q4 Outlook for Investors: Diversify like it’s 2025 – don’t fall for déjà vu
Jacob Falkencrone
Global Head of Investment Strategy
Head of Commodity Strategy
Summary: Palladium is under renewed pressure as weak auto sales and the US-China trade dispute remove focus from tight supply. Key support at $1,316/oz stands in the way of potential further weakness towards $1,225.