US Platinum Bar Price Shifts Nearly 2% on Precious Metals Market

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US platinum bar saw the biggest upwards shift for the day, rising 1.9 percent to close at $1,466 per ounce on June 13, 2012. The price of Japanese platinum bar increased 1.7 percent to JPY 3,717 ($46) per gram. Chinese platinum bar finished the day up 1.3 percent to CNY 317.00 ($49.75) per gram.

The price of US palladium bar rose 1.3 percent to $624.00 per ounce after a two-day drop. At JPY 1,596 ($20), the price of Japanese palladium bar finished the market day up 0.8 percent per gram. The price of Chinese palladium bar showed little movement on Wednesday at CNY 150.00 ($23.54) per gram.

Japanese gold bullion gained 1.3 percent to finish at JPY 4,115 ($51) per gram. Chinese gold bullion prices inched up 0.8 percent to CNY 329.99 ($51.79) per gram. After a 0.7 percent increase, Indian gold bullion finished the day at INR 29,783 ($533) per 10 grams. The price of US gold bullion was unchanged at $1,543 per ounce.

Japanese silver prices rose 1.9 percent to JPY 735.00 ($9.24) per 10 grams. Chinese silver saw its price rise one percent to CNY 6,070 ($952) per kilogram. The price of US silver increased 0.8 percent to $29.07 per ounce. Indian silver saw little change in its price on Wednesday at INR 54,505 ($976) per kilogram.

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