Buy rating maintained on Palladium ETF amid price weakness, citing strong fundamentals and supply constraints.

Andrew Hecht reiterates a Buy rating on the Aberdeen Physical Palladium Shares ETF (PALL), recommending a scale-down accumulation strategy during current price weakness. Despite bearish price action, palladium's fundamentals remain strong due to limited supply from Russia and South Africa and essential industrial demand. The ETF closely tracks NYMEX palladium futures, offers good liquidity, and charges a 0.60% management fee but is exposed to market volatility. A drop below the June $1,156 support level could lead to further declines, so investors are advised to leave room to add on dips for long-term gains.

The Aberdeen Physical Palladium Shares ETF (PALL) is trading at USD 21.48 on Pluang, down 1.54% in the last day. The ETF has a market cap of $637.29 million and a 52-week low of $21.12, showing it is near its yearly bottom. These figures are as of Oct 02, 2026 02:31 WIB.