Palladium Bar Prices in US, China, Japan Decline

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PGM Price Update

With a decline of 1.2 percent to CNY 160.00 ($25.38) per gram on April 26, 2012, Chinese palladium bar recorded the biggest price shift of the day. US palladium bar closed 1.1 percent lower at $658.00 per ounce. The price of Japanese palladium bar declined 0.5 percent to JPY 1,743 ($21) per gram.

After falling for two days, the price of Chinese platinum bar rose 0.4 percent to CNY 335.50 ($53.21) per gram. After a 0.3 percent increase, Japanese platinum bar finished the day at JPY 4,062 ($49) per gram. US platinum bar stayed flat at around $1,551 per ounce.

Gold and Silver Price Update

The price of US gold bullion increased 0.6 percent to $1,649 per ounce. Japanese gold bullion gained 0.3 percent to finish at JPY 4,309 ($53) per gram. At INR 28,868 ($549), the price of Indian gold bullion finished the market day up 0.2 percent per 10 grams. Chinese gold bullion prices inched up 0.2 percent to CNY 335.18 ($53.16) per gram.

Indian silver finished the day down 0.5 percent to INR 55,273 ($1,051) per kilogram. At $30.74 per ounce, US silver fell 0.2 percent on Thursday. Chinese silver at CNY 6,455 ($1,023) per kilogram, after the 0.2 percent drop yesterday. Japanese silver prices saw a 0.1 percent decline to JPY 797.00 ($9.80) per 10 grams.

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