US Palladium Bar Prices Still On The Decline

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Decreasing 2.8 percent made US palladium bar the biggest mover of the day, finishing at $580.00 per ounce on June 27, 2012. Japanese palladium bar finished the day down 1.9 percent to JPY 1,513 ($19) per gram. Chinese palladium bar ended the day at CNY 144.00 ($22.63) per gram, after the 1.4 percent drop on Wednesday.

US platinum bar has been on the decline for seven days and is now at $1,409 per ounce. Japanese platinum bar closed 1.4 percent lower at JPY 3,639 ($45) per gram. At CNY 312.00 ($49.03) per gram, Chinese platinum bar fell 0.8 percent yesterday.

Following a couple days of improvement, the price of Japanese gold bullion weakened by 1.1 percent. Prices closed at JPY 4,016 ($50) per gram. Chinese gold bullion prices saw a 0.7 percent decline to CNY 323.00 ($50.76) per gram. The price of Indian gold bullion declined 0.5 percent to INR 29,890 ($524) per 10 grams. The price of US gold bullion held steady at $1,543 per ounce.

The price of Japanese silver fell two percent to JPY 687.00 ($8.66) per 10 grams. Indian silver ended the day at INR 52,732 ($924) per kilogram, after the 1.4 percent drop on Wednesday. The price of Chinese silver declined one percent to CNY 5,745 ($902) per kilogram. The price of US silver closed at $27.11 per ounce. Following a couple days of improvement, the metal’s price weakened by 0.2 percent.

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