Probably falling in sympathy with other industrial metals, because of a coming global recession. Less production and or delivery, of manufactured products. Palladium is for catalytic converters in cars.
The environmental climate change enthusiasts should be happy with a contraction or reversal in globalization and less required long distance deliveries of cheap consumer products. Globalization wasted a lot of energy delivering “rat poison” across oceans and continents, contributing to the alleged big carbon Sasquatch foot print. 🙂
Meanwhile fighting Climate Change has been wasting public money and adding burdens to businesses since 1970, and they keep claiming the climate and air is getting worse. So why bother anymore.