Global Precious Metals MMI®: US Palladium Bar Rises 8.5% for the Week

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The week’s biggest mover on the weekly Global Precious Metals MMI® was the price of US palladium bar, which saw an 8.5 percent increase. This comes on the heels of a 2.3 percent decline the week prior.

The price of Japanese palladium bar rose 8.4 percent after falling 3.7 percent during the previous week. The price of Chinese palladium bar rose 6.3 percent after falling 2.2 percent during the previous week.

today's metal prices - MetalMiner IndX The price of Japanese platinum bar rose 4.5 percent after falling 3.1 percent during the previous week. The price of US platinum bar rose 1.8 percent after falling 2.2 percent during the previous week. The price of Chinese platinum bar rose 0.3 percent after falling 0.9 percent during the previous week.

The price of Japanese gold bullion rose 3.1 percent after falling 1.4 percent during the previous week. Following a 0.4 percent increase in the week prior, the price of Indian gold bullion fell 0.9 percent last week. For the third week in a row, the price of Chinese gold bullion dropped, falling 0.5 percent. The price of US gold bullion rose 0.2 percent after falling 0.3 percent during the previous week.

The price of Japanese silver rose 4.8 percent after falling 2.4 percent during the previous week. The price of US silver rose 1.5 percent after falling 0.6 percent during the previous week. Chinese silver rose 0.8 percent over the past week. The price of Indian silver rose 0.5 percent after falling 0.5 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.