Japanese Palladium Bar Down 1.5%

On Jan. 23, 2013, the day’s biggest mover was Japanese palladium bar, which saw a 1.5 percent decline to JPY 2,063 ($23.30) per gram. Following a 1.1 percent rise on Wednesday, the price of US palladium bar closed at $724.00 per ounce. For the 15th day in a row, the price of Chinese palladium bar rose and is currently at CNY 177.50 ($28.52) per gram.

Chinese platinum bar prices rose 0.8 percent to CNY 360.00 ($57.84) per gram. Japanese platinum bar closed 0.7 percent lower at JPY 4,792 ($54.12) per gram. The price of US platinum bar continues hovering around $1,549 per ounce for the fifth day in a row.

At JPY 4,805 ($54.27) per gram, Japanese gold bullion fell 1.4 percent yesterday. At INR 30,700 ($570.46), the price of Indian gold bullion finished the market day up 0.7 percent per 10 grams. After a 0.1 percent increase, US gold bullion finished the day at $1,692 per ounce. Chinese gold bullion stayed flat at around CNY 339.85 ($54.60) per gram.

Japanese silver ended the day at JPY 896.00 ($10.12) per 10 grams, after the 1.3 percent drop yesterday. The price of US silver has been on the rise for 9 days and is now at $32.21 per ounce. Indian silver saw its price rise 0.5 percent to INR 58,986 ($1,096) per kilogram. Chinese silver prices inched up 0.3 percent to CNY 6,480 ($1,041) per kilogram.

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