Daily Precious Metals Prices Roundup – April 17, 2012

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 JPY 4,268 ($52) per gram.

Chinese silver kept even at around CNY 6,585 ($1,044) per kilogram. The price of Indian silver showed little movement yesterday at INR 55,582 ($1,083) per kilogram. At JPY 806.00 ($9.95) per 10 grams, the price of Japanese silver essentially didn’t move. US silver stayed flat at around $31.53 per ounce.

At CNY 338.50 ($53.71) per gram, the price of Chinese platinum bar held steady. The price of US platinum bar also remained even at $1,572 per ounce. The price of Japanese platinum bar showed little movement yesterday at JPY 4,056 ($50) per gram.

The Japanese palladium bar price saw no action yesterday at JPY 1,671 ($20) per gram. The price of US palladium bar also didn’t move much at $646.00 per ounce. Chinese palladium bar held its value yesterday at CNY 155.00 ($24.59) per gram.

Editors Note: In some cases (e.g. Japan and China) prices hold steady because they represent transacted prices and are not exchange-traded.

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