Metal
XPD/USD — Palladium / US Dollar
3 – 15 USD · 30 – 80 USD
Palladium is the most volatile precious metal, with a small market that can gap violently on supply headlines. Only for experienced traders with tiny position sizes.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 100 oz |
| Pip / tick value | 0.01 → 1 USD / 1.00 lot |
| Typical spread | 3 – 15 USD |
| Typical daily range | 30 – 80 USD |
| Best trading hours | London and New York sessions |
What moves this market
- ▸Russian and South African supply
- ▸Auto catalyst demand
- ▸Thin liquidity amplifying every flow
Correlations to watch
- ▸Correlated with platinum
- ▸Weak link to gold
How traders approach it
- ▸Position trading on structural supply shifts
- ▸Wide stops, minimal size
- ▸Avoid leverage stacking
Typical mistakes
- ▸Underestimating gap and slippage risk
- ▸Using it as a gold substitute
Related instruments
Analyse it in FX CURIO
Run an AI chart analysis on this instrument, size the position from your stop and check news and correlation risk before you click buy.