Palladium prices rose on Friday as the dollar stabilized against a basket of major rivals while investors assess latest data.
US producer prices rose 7.4% y/y in November, matching expectations and slowing down from 8.1% in the previous reading.
Core prices, excluding food and energy, rose 6.2% y/y, beating estimates of 6%, and slowing down from 6.7% in the previous reading.
Such data shows inflation is still stubborn somewhat, however it continues to taper off, with markets still mixed on the Federal Reserve's next policy move.
The dollar index rose 0.1% to 104.8 as of 15:11 GMT, with a session-high at 105.1, and a low at 104.4.
Palladium futures due in March rose 0.5% to $1,944 an ounce as of 15:13 GMT.