Will platinum and palladium see a significant rise in 2026? See how these factors are changing the market landscape

【CryptoWorld】A recent forecast report has attracted attention—precious metals markets are about to change. Platinum price forecasts have been raised by $300 per ounce, and palladium has also increased by $100 per ounce. Why? The main reason is quite interesting: the EU plans to relax the 2035 ban on the sale of fuel-powered cars, which reduces the substitution effect of electric vehicles more than previously imagined, benefiting traditional industrial metals like platinum.

Palladium’s situation is slightly different; currently, it is about $250 per ounce cheaper than platinum. Analysts believe that palladium supply may tighten by 2026, coupled with a revaluation of this type of precious metal in the market, so there is room for price increases. However, the upcoming market trend won’t be smooth sailing—geopolitical risks and uncertainties in tariff policies are still brewing, which could cause the market to remain quite volatile throughout the year. When making investment decisions, these macro factors should be closely monitored.