# palladium

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#PreciousMetalsLeadGains
**#PreciousMetalsLeadGains**
Gold is rewriting history in 2026 — touching **$4,574/oz**, up over 64% since last year's bull run began. Platinum is holding strong above **$1,970/oz**, while Palladium trades near **$1,445/oz**.
The macro thesis hasn't changed: persistent inflation, de-dollarization flows, and central bank accumulation continue to drive the bid. When fiat wavers, hard assets speak.
A few dynamics worth watching:
**Gold vs. Silver divergence** — Gold output is valued at -6.5x silver's total production. Any rotation from gold into silver, platinum, or pall
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