Japanese Silver Price Looking Up

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On Sept. 28, 2012, the day’s biggest mover on MetalMiner’s precious metals price index was Japanese silver, which saw a 2.1 percent increase.

The price of US silver increased 2 percent. Chinese silver prices inched up 1.4 percent, and the price of Indian silver gained 1.1 percent.

Following a 1.4 percent rise last Friday, the price of US gold bullion closed just below $1,800 per ounce. Following a two-day drop, the price of Japanese gold bullion increased by 1.1 percent. Indian gold bullion prices rose 0.3 percent. The price of Chinese gold bullion was essentially unchanged.

After a 1.4 percent increase, Japanese platinum bar finished the day below $54 per gram. The price of Chinese platinum bar rose by 0.9 percent last Friday after remaining flat for two days. The price of US platinum bar finished the market day up 0.8 percent per ounce.

The price of Chinese palladium bar improved by 1.2 percent. The price of US palladium bar rose 0.8 percent after a two-day drop. After falling for two days, the price of Japanese palladium bar rose 0.4 percent.

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