British News Agency

Expectations for a potential interest rate cut strengthened after the U.S. core Consumer Price Index rose 2.6% year-on-year in December, below analysts’ forecast of 2.7%.

Lower inflation readings and overall market uncertainty boosted demand for precious metals as safe-haven assets.

On the supply side, concerns over Russian palladium persist after the U.S. Department of Commerce launched anti-dumping and countervailing duty investigations and estimated a preliminary dumping margin of about 828% for unprocessed material.

According to case filings, final decisions are expected in the later months of 2026, exposing the market to potential supply constraints.