Palladium has surged almost 90% over the past year to trade near $1,348 an ounce, quietly outrunning gold and silver. Bank of America now targets $2,200 by the end of 2026, and pending U.S. tariffs of over 100% on Russian palladium could tighten the supply squeeze even further.

The semiconductor market reached new heights in 2025, and that trend has only intensified this year. Global semiconductor sales reached a record $795.6 billion last year, far surpassing initial forecasts, and the World Semiconductor Trade Statistics (WSTS) organization projects worldwide semiconductor sales will reach $1.5 trillion in 2026. This rapid growth reflects the accelerating deployment of ...

Silicon is the material most closely associated with semiconductors, but a working electronic device requires much more than silicon alone. Gold, silver, palladium, copper, tantalum, and other materials can appear in circuitry, contacts, connectors, capacitors, and other components. Their electrical properties and resistance to corrosion make them valuable in situations where reliability matters.