20 January 2023 | Other

MKS PAMP: trading range of palladium will be $1500-2500 with 50% chance in 2023

MKS PAMP Group analysts suppose that palladium will be within the $1500-2500 range with a 50% chance. The chance of exceeding $2500 is 25%, and the probability of a decrease below $1500 is also 25%. According to forecasts, the average price will be $1800.  

Nicky Shiels thing that several factors may contribute to a bullish scenario:

  • unexpected supply disruptions;
  • rising interest of investors and their re-engagement;
  • growth of the Chinese economy that caused the increase in demand for palladium;
  • tightening vehicle emission standards that led to an increase in palladium stocks (it is crucial to control the emission of gasoline-powered cars).
Company MarketCheese
Period: 10.04.2026 Expectation: 500 pips
AUDCAD flashes short-term buy signal
Today at 11:27 AM 15
Period: 10.04.2026 Expectation: 800 pips
GBPUSD is poised to resume decline after short-term bullish momentum
Today at 11:23 AM 13
Period: 29.05.2026 Expectation: 2000 pips
Selling USDCAD with 1.37250 target
Today at 10:06 AM 9
Period: 30.04.2026 Expectation: 1300 pips
Investing in SPX during correction with 6,700 in sight
Today at 07:33 AM 9
Brent sell
Period: 10.04.2026 Expectation: 850 pips
Brent crude pullback is coming as geopolitical premium fades
Today at 06:51 AM 18
Period: 30.04.2026 Expectation: 850 pips
Selling EURUSD down to 1.1490
Today at 04:12 AM 13
Go to forecasts