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Platinum and Palladium Futures Intraday Volatility Intensifies, Spot Prices Rise Slightly [SMM Daily Review]

  • Dec 08, 2025, at 6:04 pm

[SMM Platinum and Palladium Market Daily Review] On December 6, in the platinum and palladium futures market: the most-traded platinum contract PT2606 and the most-traded palladium contract PD2606 both fluctuated upward, with PT2606 closing up at 443.2 yuan per gram, an increase of 0.66% from the previous trading day's settlement price; PD2606 closed up at 383.7 yuan per gram, an increase of 1.07% from the previous trading day's settlement price. In terms of futures trading volume: PT2606 recorded a trading volume of 9,834 lots, and PD2606 recorded 4,963 lots, both increasing slightly compared to the previous trading day; PT2606's open interest was 10,877 lots, an increase of 353 lots from the previous trading day; PD2606's open interest was 3,409 lots, an increase of 208 lots from the previous trading day. In the spot market: SMM platinum spot price remained unchanged from the previous trading day, holding steady at 425 yuan per gram; the Shanghai Gold Exchange's platinum spot trading volume was 13 lots, closing at 433.79 yuan per gram; SMM palladium (imported) spot price rose by 1 yuan per gram to 373 yuan per gram, up MoM. In the international market: international platinum and palladium spot prices generally fluctuated upward, as of 15:00 Beijing time, international platinum spot closed at $1,662.50 per ounce; international palladium spot closed at $1,466.84 per ounce.

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