US Platinum Bar Price On Gain Streak

Strengthening prices ended a three-day flat streak as the price of US platinum bar moved up by 8.1 percent on Feb. 1, 2013.

The price of Chinese platinum bar fell 0.3 percent. Japanese platinum bar saw little change in its price last Friday.

Chinese palladium bar closed 1.1 percent lower at CNY 180.00 ($28.94) per gram. US palladium bar prices saw a 0.8 percent decline. The price of Japanese palladium bar flattened after two days of improvement.

Weakening prices followed two days of improvement as the price of Chinese gold bullion dropped 0.8 percent. Also following a couple days of improvement, the price of US gold bullion weakened by 0.8 percent. Indian gold bullion has been on the decline for 7 days and is now at INR 29,975 ($563.22) per 10 grams. After a couple of days of improving prices, the price of Japanese gold bullion held steady.

The price of US silver declined 1.7 percent, after two days of improvement. The price of Chinese silver changed direction with a 1.7 percent drop. Following two days of rising prices, the price of Indian silver dropped 1.6 percent. The price of Japanese silver steadied at JPY 928.00 ($10.12) per 10 grams following two days of increases.