Spot palladium just popped over 5%, landing at $1,798.68 per ounce. That kind of jump in precious metals rarely happens in a vacuum. When hard commodities start moving like this, it's usually telling us something about where macro money is flowing. For traders holding a mixed bag of assets, this is worth watching. Precious metals tend to react to inflation expectations and currency headwinds—both things that ripple through crypto markets too. Whether you're hedging or just tracking broader market sentiment, palladium's uptick deserves a place in your radar.