Palladium price today: Rare metals advance at the start of the European session

Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Tuesday, according to FXStreet data. Palladium (XPD) changes hands at $951.00 a troy ounce, with the XPD/USD pair advancing from its previous close at $949.90.

In the meantime, Platinum (XPT) trades at $988.77 against the United States Dollar (USD) early in the European session, also up after the XPT/USD pair settled at $982.45 at the previous close.

May 13, 2025

UK Unemployment Rate ticks up to 4.5% in the quarter to March, as expected

The United Kingdom’s (UK) ILO Unemployment Rate edged higher to 4.5% in the three months to March after reporting 4.4% in the quarter to February, data published by the Office for National Statistics (ONS) showed on Tuesday. The market forecast was for a 4.5% reading in the reported period.

US Treausry Sec. Bessent: Talks in Geneva with China resulted in a mechanism to avoid escalation

US Treasury Secretary Scott Bessent said on Tuesday that “talks in Geneva with China resulted in a mechanism to avoid escalation.”