Chinese Palladium Bar Sees Large Increase

Chinese palladium bar saw a 4.7 percent increase on July 4, 2012, making it the biggest mover within the global precious metals complex tracked by MetalMiner.  Japanese palladium bar prices rose 2.7 percent to JPY 1,549 ($19) per gram. US palladium bar saw its price rise 0.8 percent to $598.00 per ounce.

Chinese platinum bar gained 2.5 percent to finish at CNY 324.00 ($51.00) per gram. The price of Japanese platinum bar increased 1.3 percent to JPY 3,822 ($47) per gram. US platinum bar finished the day up one percent to $1,485 per ounce.

At CNY 331.20 ($52.14), the price of Chinese gold bullion finished the market day up 1.2 percent per gram. Japanese gold bullion prices inched up 0.8 percent to JPY 4,155 ($52) per gram. The price of Indian gold bullion declined 0.1 percent to INR 29,401 ($540) per 10 grams. For the forty-first day in a row, the price of US gold bullion rose and is currently at $1,616 per ounce.

After a 2.2 percent increase, Chinese silver finished the day at CNY 5,930 ($933) per kilogram. Japanese silver prices rose 1.8 percent to JPY 718.00 ($9.01) per 10 grams. US silver gained 0.3 percent to finish at $28.29 per ounce. After a 0.2 percent increase, Indian silver finished the day at INR 52,452 ($964) per kilogram.

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