Precious Metals

Daily Precious Metals Roundup – Gold, Silver, PGM Prices All Down

by MetalMiner IndX Reports on May 15, 2012

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Decreasing 1.9 percent made US silver the biggest mover of the day on precious metals markets, finishing at $28.33 per ounce on May 14, 2012. Chinese silver closed 0.7 percent lower at CNY 6,080 ($963) per kilogram. At JPY 738.00 ($9.23), the price of Japanese silver finished the market day up 0.3 percent per 10 [...]

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Daily Precious Metals Roundup: Indian Silver Price Down

by MetalMiner IndX Reports on May 14, 2012

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Indian silver saw a 4.4 percent drop on May 11, 2012, landing at INR 52,910 ($986) per kilogram and making it the biggest mover of the day on precious metals markets. The price of US silver declined 1.3 percent to $28.89 per ounce. Chinese silver finished the day down 1.1 percent to CNY 6,125 ($970) [...]

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Indian Silver Increases 3.8%

by MetalMiner IndX Reports on May 11, 2012

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Closing at INR 55,345 ($1,027) per kilogram on May 10, 2012, Indian silver rose 0.7 percent to finish as the day’s biggest mover on precious metals markets. US silver prices inched up 1.2 percent to $29.27 per ounce. Chinese silver closed 0.5 percent lower at CNY 6,190 ($980) per kilogram. Japanese silver stayed flat at [...]

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Precious Metals Roundup: Japanese Palladium Bar Down Again

by MetalMiner IndX Reports on May 10, 2012

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Japanese palladium bar saw the biggest price shift of the day, dropping 5.2 percent to close at JPY 1,581 ($19) per gram on May 9, 2012. Chinese palladium bar was down 3.2 percent from the previous market day, closing at CNY 152.00 ($24.15) per gram. US palladium bar has been on the decline for seven [...]

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Daily Precious Metals Roundup: US Palladium Bar Keeps Falling

by MetalMiner IndX Reports on May 9, 2012

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US palladium bar had the largest decline on May 8, 2012, dropping 3.9 percent and landing at $624.00 per ounce. Chinese palladium bar gained 0.6 percent to finish at CNY 157.00 ($24.96) per gram. Japanese palladium bar finished the day down 0.2 percent to JPY 1,667 ($20) per gram. At $1,503 per ounce, US platinum [...]

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Global Precious Metals MMI®: Downturn for Japanese Palladium Bar

by MetalMiner IndX Reports on May 8, 2012

Style:    Category: Commodities, Metal Prices, MetalMiner IndX, Precious Metals

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A 4.6 percent decline in Japanese palladium bar made it the biggest mover of the week, closing at JPY 1,670 ($20) per gram on the Global Precious Metals MMI®. Following a 0.6 percent increase in the week prior, the price of Chinese palladium bar fell 4.3 percent last week to CNY 156.00 ($24.74) per gram. [...]

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Jewelery Market Shows a Silver Lining

by Stuart Burns on May 7, 2012

Style:    Category: Commodities, Precious Metals

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Every cloud has a silver lining, and for jewelers facing consumer demand destruction due to high gold prices, it would seem the silver lining is literal. A Mineweb report notes that Indian silver exporters are experiencing a record level of demand, particularly from the US and Europe, for silver jewelry. The article quotes data from [...]

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Daily Precious Metals Update: US Platinum Bars Still Down

by MetalMiner IndX Reports on May 4, 2012

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With a decline of 1.3 percent to $1,539 per ounce on May 3, 2012, US platinum bar recorded the biggest price shift of the day. The price of Chinese platinum bar fell 0.1 percent yesterday to CNY 337.50 ($53.78) per gram after three straight days with no change. Japanese platinum bar held its value on [...]

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