Why Palladium sells such low?

Palladium's stock price is affected by various factors, including industrial demand, investment demand, mine supply, and macroeconomic variables. Despite its potential for high returns, Palladium's stock price can be volatile and is influenced by various risk factors. Here are some reasons why Palladium's stock price might be low:

1. Industrial Demand: Palladium is primarily used in the automotive industry for catalytic converters, which can be affected by factors such as regulatory changes, fuel efficiency standards, and economic cycles. A decline in industrial demand can lead to lower stock prices.
2. Investment Demand: Palladium is also sought after as an investment asset, similar to gold and platinum. Fluctuations in investment demand, influenced by interest rates, inflation expectations, and market sentiment, can impact its stock price. A decrease in investment demand can contribute to lower stock prices.
3. Mine Supply: The supply of palladium comes from a limited number of mines, primarily in Russia and South Africa. Any disruptions to mine production, such as strikes, accidents, or operational issues, can lead to a decrease in available supply and potentially drive up prices. Conversely, increased supply can put downward pressure on prices.
4. Macroeconomic Variables: The performance of the global economy, exchange rates, and geopolitical factors can all affect palladium prices. For example, a strong dollar can make palladium more expensive for buyers using other currencies, potentially reducing demand and prices. Geopolitical tensions or instability in major producing countries can also impact supply and prices.
5. Speculative Factors: Market speculation and sentiment can influence palladium prices. If investors become overly optimistic or pessimistic about the future price of palladium, it can lead to rapid and significant price movements. Negative sentiment can result in lower stock prices.

In summary, Palladium's stock price is influenced by a complex interplay of industrial and investment demand, mine supply, macroeconomic variables, and speculative factors. Any imbalance in these factors can lead to fluctuations in its stock price.