Japanese Palladium Bar Drops 3.0%

On April 4, 2013, the day’s biggest mover was the price of Japanese palladium bar, which saw a 3.0 percent decline to JPY 2,250 ($24.22) per gram. The price of US palladium bar fell 1.8 percent to $751.00 per ounce. At CNY 171.00 ($27.57) per gram, the price of Chinese palladium bar was essentially unchanged.

The price of US platinum bar declined 2.4 percent to $1,533 per ounce. Japanese platinum bar closed 0.6 percent lower at JPY 4,674 ($50.32) per gram. The price of Chinese platinum bar remained steady at CNY 334.00 ($53.85) per gram.

US gold bullion ended the day at $1,558 per ounce, after the 1.2 percent drop on Thursday. The price of Japanese gold bullion rose 1.0 percent to JPY 4,757 ($51.21) per gram after a two-day drop. Indian gold bullion finished the day down 0.7 percent to INR 28,920 ($531.27) per 10 grams. Chinese gold bullion saw little change in its price yesterday at CNY 313.85 ($50.60) per gram.

At $26.98 per ounce, US silver fell 1.0 percent on Thursday. Indian silver prices saw a 0.5 percent decline to INR 50,755 ($932.39) per kilogram. Following a 0.2 percent rise yesterday, the price of Japanese silver closed at JPY 821.00 ($8.84) per 10 grams. The price of Chinese silver steadied at CNY 5,515 ($889.23) per kilogram following two-days of dropping prices.

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