Precious Metals Post Weekly Gains, Palladium Lags

Precious metals markets ended the week on a positive note, supported by investor positioning after the Federal Reserve signaled additional policy easing ahead.

Silver prices advanced roughly 1.3%, benefiting from strong demand for both safe-haven assets and industrial uses. Platinum also edged higher, adding about 0.3% over the week as automotive and jewelry demand provided steady support. Palladium, meanwhile, gained approximately 1.4% during the week’s final sessions, but still closed lower overall, underscoring the metal’s continued volatility and weaker fundamentals compared with its peers.

Analysts noted that expectations for lower U.S. interest rates are likely to remain a key driver for the broader precious metals complex. Lower borrowing costs generally reduce the opportunity cost of holding non-yielding assets like gold, silver, and platinum group metals. However, palladium’s performance continues to diverge, with ongoing supply-demand imbalances limiting sustained upside.

Market participants are now turning their attention to upcoming U.S. and European economic data for further guidance on the trajectory of monetary policy and industrial demand trends.