Japanese Palladium Bar Jumps 3.9%

by on

On April 18, 2012, the day’s biggest mover in precious metals prices was Japanese palladium bar, which saw a 3.9% increase to JPY 1,729 ($21) per gram. At $661.00, the price of US palladium bar finished the market day up 1.8% per ounce. The price of Chinese palladium bar increased 1.6% to CNY 160.50 ($25.47) per gram.

Japanese gold bullion gained 1.5% to finish at JPY 4,327 ($53) per gram. The price of Indian gold bullion is back up, rising by 0.3% on Wednesday to close at INR 28,472 ($553) per 10 grams. Following a 0.2% rise yesterday, the price of US gold bullion closed at $1,643 per ounce. Following two days of dropping prices, the price of Chinese gold bullion flattened out at CNY 336.30 ($53.36).

Japanese silver prices inched up 1.7% to JPY 820.00 ($10.16) per 10 grams. The price of Indian silver rose 0.8% to INR 55,867 ($1,085) per kilogram after a two-day drop. Chinese silver prices rose 0.6% to CNY 6,620 ($1,050) per kilogram. The price of US silver held steady at $31.53 per ounce.

After falling for two days, the price of Japanese platinum bar rose 2.5% to JPY 4,139 ($51) per gram. Following a two-day drop, the price of US platinum bar increased by 1.0% to 1,581 per ounce. After a 0.9% increase, Chinese platinum bar finished the day at CNY 342.50 ($54.35) 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.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.