China Palladium Price Rises For Fourth Week on Precious Metals Index

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The biggest mover on MetalMiner’s weekly Global Precious Metals MMI® was the price of Chinese palladium bar, which saw a 5.4 percent increase. Last week marked the fourth in a row of rising prices for the metal.

today's metal prices - MetalMiner IndXThe price of Japanese palladium bar finished the week 4.8 percent higher on the weekly price index. Finishing the fourth week of rising prices, the price of US palladium bar increased by 3.8 percent.

The price of Chinese platinum bar rose 3 after falling 0.6 percent during the previous week. In the past week, US platinum bar saw its price shift up 2.8 percent. The price of Japanese platinum bar increased by a slight 2.4 percent over the past week.

Closing out the third week of rising prices, the price of Japanese gold bullion increased by 2 percent. The price of Chinese gold bullion rose 1.1 percent after falling 0.6 percent during the previous week. The price of Indian gold bullion rose 1.1 percent after falling 0.5 percent during the previous week. The price of US gold bullion did not change.

The price of Japanese silver increased 3.9 percent this week, closing out the fourth consecutive week of rising prices. The price of Chinese silver rose 3.7 percent after falling 0.2 percent during the previous week. The price of US silver rose 3.1 percent over the past week. This was the fourth week in a row of increasing prices. The price of Indian silver rose 2.2 percent after falling 0.3 percent during the previous week.

The Global Precious Metals MMI® collects and weights 14 global precious metal price points to provide a unique view into precious metal price trends. For more information on the Global Precious Metals MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.

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