Japanese Silver Price Up 1.6%

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The biggest change came when the price of Japanese silver hopped out of a two-day slump with a 1.6 percent improvement to close at JPY 685.00 ($8.75) per 10 grams. US silver prices inched up 1.5 percent to $27.60 per ounce. Indian silver finished the day up 0.9 percent to INR 52,514 ($935) per kilogram. Following a 0.8 percent rise on Thursday, the price of Chinese silver closed at CNY 5,775 ($903) per kilogram.

Japanese gold bullion gained 1.6 percent to finish at JPY 4,047 ($51) per gram. The price of Chinese gold bullion increased 1.1 percent to CNY 329.22 ($51.53) per gram. At $1,613, the price of US gold bullion finished the market day up 0.9 percent per ounce. After a 0.4 percent increase, Indian gold bullion finished the day at INR 29,819 ($530) per 10 grams.

Japanese platinum bar prices rose 1.3 percent to JPY 3,533 ($45) per gram. US platinum bar saw its price rise 0.8 percent to $1,404 per ounce. Following a two-day drop, the price of Chinese platinum bar increased by 0.7 percent to CNY 307.00 ($48.06) per gram.

The price of US palladium bar is back up, rising by 1.4 percent yesterday to close at $569.00 per ounce. At JPY 1,413 ($18) per gram, the price of Japanese palladium bar was essentially unchanged. The price of Chinese palladium bar flattened at CNY 137.00 ($21.44) following two-days of declines.

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