Japanese Silver Rises 1.4%

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Japanese silver saw the biggest upwards shift for the day, rising 1.4 percent to close at JPY 715.00 ($9.00) per 10 grams on May 25, 2012. At CNY 5,895 ($930), the price of Chinese silver finished the market day up 0.3 percent per kilogram. The price of Indian silver showed little movement last Friday at INR 53,538 ($962) per kilogram. The price of US silver remained essentially flat at $28.29 per ounce.

After holding steady for the past few days, the price of Indian gold bullion fell 0.6 percent, closing at INR 28,840 ($518) per 10 grams. The price of Chinese gold bullion declined 0.3 percent to CNY 318.30 ($50.25) per gram. The price of Japanese gold bullion held steady at JPY 3,986 ($50) per gram. US gold bullion held its value last Friday at $1,543 per ounce.

Following a 0.5 percent rise last Friday, the price of Chinese platinum bar closed at CNY 310.00 ($48.94) per gram. Following a two-day drop, the price of Japanese platinum bar increased by 0.3 percent to JPY 3,643 ($45) per gram. US platinum bar stayed flat at around $1,425 per ounce.

The price of Chinese palladium bar fell one percent to CNY 142.50 ($22.50) per gram. After dropping for two days, the price of Japanese palladium bar flattened at JPY 1,535 ($19). The price of US palladium bar remained steady at $595.00 per ounce.

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