Japanese Palladium Bar Price Jumps Nearly 4%

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On Aug. 20, 2012, Japanese palladium bar jumped up 3.8 percent, landing at JPY 1,557 ($19) per gram and making it the day’s biggest increase.

The price of US palladium bar closed at $605.00 per ounce. Following a couple days of improvement, prices fell by 0.2 percent. The price of Chinese palladium bar remained steady at CNY 142.00 ($22.32) per gram.

Japanese platinum bar saw its price rise 1.9 percent to JPY 3,772 ($47) per gram. Chinese platinum bar prices inched up 1.8 percent to CNY 312.50 ($49.13) per gram. At $1,483, the price of US platinum bar finished the market day up one percent per ounce.

Japanese gold bullion finished the day up 0.2 percent to JPY 4,137 ($52) per gram. US gold bullion saw its price rise 0.2 percent to $1,619 per ounce. Chinese gold bullion prices inched up 0.2 percent to CNY 331.85 ($52.17) per gram. Indian gold bullion stayed flat at around INR 29,941 ($538) per 10 grams.

The price of US silver increased 0.6 percent to $28.25 per ounce. The price of Indian silver changed direction with a 0.4 percent drop. After two days of improving prices, the metal finished at INR 53,455 ($961) per kilogram. At CNY 5,900 ($927) per kilogram, Chinese silver fell 0.2 percent on Monday. The price of Japanese silver steadied at JPY 716.00 ($9.01) per 10 grams following two-days of increases.

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