US Palladium Bar Changes Direction

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On March 12, 2013, the day’s biggest mover was the price of US palladium bar, which saw a 0.5 percent decline to $777.00 per ounce. The price of Japanese palladium bar ended a two-day climb, settling at JPY 2,396 ($24.79) per gram. The price of Chinese palladium bar steadied at CNY 186.00 ($29.89) per gram following two-days of increases.

The price of Chinese platinum bar increased 0.3 percent to CNY 343.00 ($55.12) per gram. Japanese platinum bar saw its price rise 0.2 percent to JPY 4,963 ($51.36) per gram. The price of US platinum bar changed direction with a 0.2 percent drop. After two days of improving prices, the metal finished at $1,596 per ounce.

Japanese gold bullion prices inched up 0.3 percent to JPY 4,903 ($50.74) per gram. After a 0.3 percent increase, Indian gold bullion finished the day at INR 29,304 ($538.52) per 10 grams. At $1,582, the price of US gold bullion finished the market day up 0.2 percent per ounce. Chinese gold bullion finished the day up 0.1 percent to CNY 319.10 ($51.28) per gram.

Indian silver prices saw a 0.3 percent decline to INR 54,055 ($993.38) per kilogram. The price of Chinese silver remained steady at CNY 5,955 ($956.98) per kilogram. The price of US silver held steady at $28.99 per ounce. The price of Japanese silver flattened at JPY 891.00 ($9.22) after two days of improvement.