CaratPalladium sheds $97 to $1,280 since Monday's mark
Gold, silver and platinum each lost between 1.27% and 1.87% over the same four sessions. Kitco's last print of the week carries a 17:00 timestamp of 11 September on all four metals.
Palladium led the fall. Palladium ended the week at $1,280 on Kitco's bid, $97 below the 7 September mark. That is a fall of 7.04%, while the other three metals fell under 1.9%.
If you price palladium settings: the week's reference is $1,280 on Kitco's bid, not the $1,377 of Monday.
If you hedge a metals book: palladium moved 3.8 times as far as silver, the next largest fall.
What this is not: a Friday collapse. The fall accumulated across four sessions in the record.
| Metal | 7 Sep | 11 Sep | Change | % |
|---|---|---|---|---|
| Gold | 4,403.90 | 4,347.70 | -56.20 | -1.28% |
| Silver | 65.596 | 64.372 | -1.224 | -1.87% |
| Platinum | 1,815.00 | 1,792.00 | -23.00 | -1.27% |
| Palladium | 1,377.00 | 1,280.00 | -97.00 | -7.04% |
IPalladium fell alone in size
Ninety-seven dollars off. Palladium fell $97 from $1,377 to $1,280 across four sessions in the record.
The gap is the story. Silver's 1.87% was the next largest fall; palladium's 7.04% is 3.8 times it.
IIGold and platinum moved together
Gold gave back $56.20. Gold closed the week at $4,347.70, a fall of 1.28% from Monday's mark.
Platinum lost $23. Platinum printed $1,792 on the same board, down 1.27% on the week.
IIIThe last print is Friday's
Seventeen hundred hours. Kitco's board carries a 17:00 timestamp of 11 September on gold, silver, platinum and palladium alike.
The spread is widest here. Kitco shows palladium bid at $1,280 and asked at $1,320, a spread of $40.
01What would change this call+
A palladium print back above $1,377. That would make the week a round trip rather than a fall, and the 7.04% would read as a mid-week excursion.
02How these marks are taken+
Each mark is Kitco's bid for one troy ounce, recorded once a session and filed to a dated file in Carat Capital's own record. The bid is used rather than the mid so that the same side of the market is compared from one day to the next. Prior marks are looked up in the dated files, never derived from a change field.
03Method · the desk’s arithmetic+
Kitco's board was fetched at press time on 12 September and returned gold bid 4,347.70, silver 64.37, platinum 1,792.00 and palladium 1,280.00 under its own timestamp of Sep 11, 2026 17:00, matching the tape filed at 05:00 to the decimal, so no press-time write-back was needed and the tape's figures print unchanged. Arithmetic, all Carat Capital's, on the two dated marks: gold 4,403.90 to 4,347.70 is -56.20, and 56.20 over 4,403.90 is 1.2761%, printed as -1.28%; silver 65.596 to 64.372 is -1.224, and 1.224 over 65.596 is 1.8660%, printed as -1.87%; platinum 1,815.00 to 1,792.00 is -23.00, and 23.00 over 1,815.00 is 1.2672%, printed as -1.27%; palladium 1,377.00 to 1,280.00 is -97.00, and 97.00 over 1,377.00 is 7.0443%, printed as -7.04%. The multiple is 7.0443 divided by 1.8660, which is 3.775, printed as 3.8 times. The 7 September mark was read at 10:04Z and the 11 September print carries the board's 17:00Z stamp, so the two are not read at the same hour; measured instead from Friday's own 06:01Z mark of 1,290.00, palladium is 1,290 over 1,377, or 93.68% of Monday's level and 6.32% below it, and it remains the largest fall of the four. Archive test, both periods named: Carat Capital's 11 September piece covers the move from the 9 September mark to the 11 September morning mark, two sessions, and leads on silver; this item covers 7 to 11 September, four sessions, and leads on palladium. Different period and different instrument, so ADVANCED, not a repeat.
Silver sheds $2.19 to $63.94 since the 9 September mark
The two sessions inside this week that the desk measured first, when silver led the fall.
The trade, filed before the New York open.
Prices, tenders and the one story that moved the industry overnight. Ninety seconds.
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