Japanese silver saw a 3.0 percent decline this week, making it the biggest mover on the weekly Global Precious Metals MMI®.
Following a 0.2 percent increase in the week prior, the price of Chinese silver fell 2.5 percent last week. The price of Indian silver fell 1.7 percent after rising 1.3 percent the week before. The price of US silver declined 1.6 percent over the past week.
Following a 1.3 percent increase in the week prior, the price of Japanese gold bullion fell 1.7 percent last week. The price of Chinese gold bullion fell 0.7 percent after rising 0.6 percent the week before. Following a 1.0 percent increase in the week prior, the price of US gold bullion fell 0.7 percent last week. Following a steady week, prices for Indian gold bullion closed flat.
The price of Japanese platinum bar fell 1.3 percent after rising 1.1 percent the week before. US platinum bar saw a 0.9 percent decline over the past week. Chinese platinum bar remained unchanged for the week.
The price of US palladium bar rose 1.6 percent after falling 1.8 percent during the previous week. Japanese palladium bar prices were off very slightly week-to-week. The price of Chinese palladium bar rose 0.6 percent after falling 3.9 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.