Japanese Gold, Palladium Prices Rise on Precious Metals Index

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On Oct. 5, 2012, Japanese palladium bar jumped up 1.6 percent, making it the day’s biggest increase on MetalMiner’s precious metals price index.

US palladium bar prices rose 1.2 percent, and for the fifth consecutive day, the price of Chinese palladium bar held flat.

Japanese platinum bar prices inched up 1.3 percent, the price of US platinum bar finished the market day up 1.1 percent and the price of Chinese platinum bar held steady.

Japanese gold bullion finished the day up 0.5 percent. Indian gold bullion rose 0.2 percent after a two-day drop. The price of US gold bullion increased 0.1 percent, and the price of Chinese gold bullion saw little movement.

After three straight days of no change, the price of US silver decreased by 0.4 percent. Japanese silver gained 0.3 percent. After a 0.1 percent increase, Indian silver finished the day below $1,200 per kilogram. For the fifth day in a row, the price of Chinese silver remained essentially flat.

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