Japanese Palladium Bar Up 4.3%

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Metal Prices, Premium

Japanese palladium bar saw the biggest upwards shift for the day, rising 4.3 percent to close at JPY 2,450 ($24.58) per gram on 2013-04-11 07:48:00. At $719.00 per ounce, US palladium bar fell 1.0 percent on Thursday. Chinese palladium bar saw little change in its price on Thursday at CNY 165.00 ($26.63) per gram.

The price of US platinum bar fell 1.2 percent to $1,525 per ounce. The price of Japanese platinum bar closed at JPY 4,895 ($49.11) per gram. Following a couple days of improvement, the metal’s price weakened by 0.9 percent. The price of Chinese platinum bar remained steady at CNY 326.00 ($52.61) per gram.

US gold bullion finished the day down 1.6 percent to $1,559 per ounce. The price of Chinese gold bullion reached a thirty-day low after decreasing 1.6 percent to CNY 312.23 ($50.39) per gram. Indian gold bullion closed 1.3 percent lower at INR 28,974 ($531.34) per 10 grams. Weakening prices followed two days of improvement as the price of Japanese gold bullion dropped 1.1 percent to JPY 4,998 ($50.15) per gram.

The price of Japanese silver declined 2.3 percent to JPY 860.00 ($8.63) per 10 grams. US silver prices saw a 1.2 percent decline to $27.65 per ounce. The price of Chinese silver declined 0.9 percent to CNY 5,625 ($907.76) per kilogram, after two days of improvement. After improving for two days, the price of Indian silver declined 0.7 percent to INR 51,650 ($947.19) per kilogram.