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Palladium ticks up to $1,315.50; still -2.34% on the week

Palladium rose +1.5% to $1,315.50 (7d -2.34%, 30d +1.02%). The 90d z-score is 0.59, indicating no major dislocation.

1 min read·Source: yahoo-futures

Palladium traded up to $1,315.50 on 2026-09-15, a +1.5% daily move that partially offsets a -2.34% slide over the last 7 days. The 30-day change is +1.02%. Versus its trailing 90 days, the market does not screen as stretched, with a z-score of 0.59.

For allocators, the message is that the tape is choppy but not technically extreme. A +1.5% day can matter for near-term positioning, yet the lack of an outlier z-score implies the market is not currently flashing the kind of dislocation that often precedes forced mean reversion.

Within 30 days, confirmation of the routine-noise framing would be continued range-like movement where gains and losses do not push the z-score far from 0.59. Refutation would be a sustained directional move that drives a notably higher or lower z-score while the 30-day change departs meaningfully from +1.02%.

The next date that matters is 2026-09-16, when the next daily print will show whether today's bounce is follow-through or a one-day reversal.

Figures from yahoo-futures, as of 2026-09-15.

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