Guoxin Futures: Platinum and Palladium fluctuate and strengthen, consider light short-term trading

2026-03-09 23:16:57

On Wednesday, the platinum group metals market performed well with significant gains. The main contract for platinum at the Shanghai Futures Exchange surged by 7.03%, closing at 586 yuan per gram; palladium’s main contract increased by 4.5%, closing at 457.95 yuan per gram. Overall, platinum and palladium are likely to continue their short-term oscillation with a bullish bias, but volatility will become more intense. For trading, it is recommended to adopt a very light position for short-term swing trading and remain cautious of high volatility risks. (Guoxin Futures)

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