Core Viewpoint - The recent volatility in platinum and palladium futures prices is attributed to regulatory actions, external market declines, and profit-taking by investors, leading to a significant divergence in their price movements [2][5]. Group 1: Market Performance - Platinum futures experienced a substantial increase, rising over 15% from the day's low and closing up more than 4%, while palladium futures saw a significant decline, ending with a 7.65% drop, marking the worst performance in the domestic commodity futures market [2]. - On the NYMEX, platinum and palladium futures ended their previous upward trend with declines of 0.63% and 6.90%, respectively [3]. Group 2: Market Analysis - Analysts suggest that the recent price adjustments for platinum and palladium are a normal correction, as previous price increases were driven by macroeconomic factors, supply-demand imbalances, and investor sentiment, which led to prices detaching from fundamental support [5]. - The decrease in market liquidity due to the upcoming Christmas holiday has intensified profit-taking pressures, contributing to the price drop [5]. Group 3: Future Outlook - Most institutions predict that platinum and palladium will enter a phase of high volatility and wide fluctuations, with differing long-term fundamental expectations for each metal [10]. - Platinum is expected to have upward potential due to its diverse demand structure and the likelihood of supply shortages continuing into 2026, while palladium's demand is more concentrated and may face challenges from the rise of electric vehicles [11].