Palladium

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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The week’s biggest mover on the Automotive MMI® was the price of US palladium bar, which saw a 5.8 percent decline to $612.00 per ounce. This week marked the third in a row of declining prices for the platinum group metal (PGM). Closing out the third week of declining prices, the price of US platinum [...]

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At $672.00 per ounce, US palladium bar moved up 1.5 percent on April 20, 2012, the day’s biggest change in precious metals prices. The price of Japanese palladium bar finished the day at JPY 1,748 ($21) per gram following a 1.1 percent increase. Chinese palladium bar prices inched up 0.6 percent to CNY 161.00 ($25.54) [...]

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US palladium bar saw the largest upwards shift on the precious metals MMI, rising 4.4 percent to settle at $661.00 per ounce. The price of Chinese palladium bar increased by a slight 2.2 percent over the past week to CNY 160.50 ($25.47) per gram. Japanese palladium bar prices ticked up one percent over the past week to [...]

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US gold bullion saw little movement on April 16, 2012, staying around $1,652 per ounce. The price of Chinese gold bullion stayed firm at CNY 336.49 ($53.39) per gram. The price of Indian gold bullion remained steady at INR 28,423 ($554) per 10 grams. Japanese gold bullion saw little change in its price yesterday at [...]

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US Copper Producer Grade 110 Price Collapses The price of US copper producer grade 110 saw the biggest price shift of the day, dropping 5.2 percent on April 11, 2012. US copper producer grade 102 prices saw a one percent decline. Following two days of dropping rates, the cash price of Japanese primary copper flattened [...]

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Source: blog.pennlive.com Not sure if Gollum has a portfolio for his precious (metals, that is), but if he did, he’d be reading MetalMiner. More to the point, if he institutionally invested in funds physically backed with gold, silver, platinum and palladium, or if his company had a significant silver or PGM buy, Gollum would definitely [...]

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Although precious metals have suffered recent heavy falls, there is at least some evidence of price support for platinum and palladium next year, if not gold. (See our recent coverage of the palladium outlook.) Recent price falls have been accompanied by a growing net short position on Nymex, characterized by 62,700 ounces being added to [...]

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