Chinese Gold Bullion Gains 3.4%

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Metal Prices, Premium

Closing at CNY 298.30 ($48.25) per gram on the Thursday, April 25, Chinese gold bullion rose 3.4 percent to finish as the day’s biggest mover. Indian gold bullion closed 1.8 percent lower at INR 26,976 ($496.97) per 10 grams. Japanese gold bullion prices inched up 0.7 percent to JPY 4,607 ($46.33) per gram. US gold bullion saw its price rise 0.4 percent to $1,432 per ounce.

Indian silver prices saw a 2.1 percent decline to INR 44,021 ($810.99) per kilogram. The price of Chinese silver is back up, rising by 1.8 percent on Thursday to close at CNY 4,685 ($757.87) per kilogram. At JPY 749.00 ($7.53), the price of Japanese silver finished the market day up 1.6 percent per 10 grams. At $23.16 per ounce, US silver fell 1.1 percent on Thursday.

Japanese platinum bar prices rose 0.8 percent to JPY 4,610 ($46.36) per gram. The price of US platinum bar fell 0.3 percent to $1,426 per ounce. The price of Chinese platinum bar showed little movement yesterday at CNY 305.00 ($49.34) per gram.

Chinese palladium bar gained 1.9 percent to finish at CNY 158.00 ($25.56) per gram. US palladium bar finished the day down 1.9 percent to $668.00 per ounce. Japanese palladium bar held its value yesterday at JPY 2,233 ($22.46) per gram.