Chinese Palladium Bar Prices Fall 2.2%

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Decreasing 2.2 percent made Chinese palladium bar the biggest mover of the day, finishing at CNY 176.00 ($28.32) per gram on March 19, 2013. After improving for two days, the price of US palladium bar declined 1.6 percent to $761.00 per ounce. At JPY 2,386 ($25.02) per gram, the price of Japanese palladium bar was essentially unchanged.

At JPY 4,850 ($50.86), the price of Japanese platinum bar finished the market day up 1.2 percent per gram. At $1,575 per ounce, US platinum bar fell 0.9 percent yesterday. The price of Chinese platinum bar declined 0.6 percent to CNY 336.00 ($54.07) per gram.

Japanese gold bullion gained 1.6 percent to finish at JPY 4,924 ($51.64) per gram. US gold bullion prices rose 0.8 percent to $1,606 per ounce. After a 0.5 percent increase, Indian gold bullion finished the day at INR 29,651 ($547.27) per 10 grams. The price of Chinese gold bullion increased 0.4 percent to CNY 322.00 ($51.81) per gram.

Indian silver finished the day up 1.9 percent to INR 53,885 ($994.56) per kilogram. The price of US silver is back up, rising by 0.5 percent yesterday to close at $28.90 per ounce. Chinese silver prices inched up 0.3 percent to CNY 5,910 ($951.01) per kilogram. Japanese silver saw its price rise 0.2 percent to JPY 881.00 ($9.24) per 10 grams.