The Academy graduate took just a couple of minutes to score against Club Brugge after coming on as sub.
He has also found the ent against Wycombe this season, as his star continues to rise.
“Cole has a special quality in front of the box, a talent that is difficult to find,” said Guardiola.
“When he has the ball there, most of the time it ends up in the net. It’s difficult to find that.
“I know how it works with young players. We have to be calm and patient. His position is the second team but at the same time he trains with us and works with our principles.
“I am happy with the goal. He could have done a few actions a little bit better, but that is normal. It is experience. Step by step we give our young players an opportunity.”
The City boss was asked if Palmer could follow in the footsteps of Phil Foden to eb a first team regular and possibly represent his country.
“Phil is Phil,” he responded. “Cole is Cole. Phil is already a reality otherwise he would not be with the national team.
“How many minutes has he played. Phil is Phil. Cole is a teenager. He is a young player and still has a lot of margin to improve and is still a way from Phil. We cannot compare.
“I say look at the minutes on the training pitch. Cole is always there in training.
“He played a few minutes at Burnley and then went and scored three goals for the second team. Some players would go and be lazy and not want to play.
“He is completely the opposite. He goes and scores three goals. The people in this world want things immediately. Everything needs time. You cannot cook a good dish if you don’t spend time in the kitchen.
“We have four or five really talented players in the Academy. If they stay humble and work, maybe they can be important players for City in the future.
And the boss also revealed the thinking behind Palmer’s double appearance as sub for the senior side and then for the EDS not long after.
“I asked Rodo if he could go and play after he got two minutes with us,” said Pep.
“If he gets less than 25 minutes, he can play in both so he went and played with the second team.
“It is nice to train for us but the best way to improve is to play. When he is with us all the time, training and travelling, he cannot play and it is not good for his development.”
Watch the full post-match press conference on the video above...