Japanese Platinum Bar Price Drops 1.7%

Closing at JPY 4,825 ($53.83) per gram on Jan. 22, 2013, Japanese platinum bar saw the biggest change at a 1.7 percent. Chinese platinum bar saw its price rise 0.3 percent to CNY 357.00 ($57.38) per gram. The price of US platinum bar held steady at $1,549 per ounce.

The price of US palladium bar declined 0.4 percent to $716.00 per ounce. The price of Chinese palladium bar has been on the rise for 14 days and is now at CNY 176.50 ($28.37) per gram. Japanese palladium bar finished the day down 0.2 percent to JPY 2,095 ($23.37) per gram.

Japanese gold bullion prices saw a 0.6 percent decline to JPY 4,871 ($54.34) per gram. US gold bullion prices rose 0.3 percent to $1,690 per ounce. Following a two-day rise, the price of Chinese gold bullion flattened at CNY 339.55 ($54.58). The price of Indian gold bullion held steady at INR 30,479 ($566.78) per 10 grams.

After a 0.6 percent increase, Japanese silver finished the day at JPY 908.00 ($10.13) per 10 grams. For the 8th day in a row, the price of US silver rose and is currently at $32.02 per ounce. After improving for two days, the price of Chinese silver declined 0.2 percent to CNY 6,460 ($1,038) per kilogram. The price of Indian silver ended a two-day climb, settling at INR 58,698 ($1,092) per kilogram.

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