Commodities Palladium surges past $1,500 for first time; gold gains Updated : February 21, 2019 06:04 AM IST Spot palladium, which traded as high as $1,502 per ounce, was little changed at $1,479 at 11:16 am EST (1616 GMT). Leading autocatalyst manufacturer Johnson Matthey said last week that a persistent supply deficit in the palladium market was likely to widen this year. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.