US Palladium Bar Shifts 1.6%

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Metal Prices, Premium

Closing at $767.00 per ounce on the Tuesday, June 11, US palladium bar rose 1.6 percent to finish as the day’s biggest mover. At JPY 2,390 ($24.17) per gram, the price of Japanese palladium bar was essentially unchanged. Chinese palladium bar saw little change in its price on Tuesday at CNY 168.00 ($27.39) per gram.

US platinum bar prices inched up 0.2 percent to $1,504 per ounce. Following a 0.2 percent rise on Tuesday, the price of Japanese platinum bar closed at JPY 4,766 ($48.20) per gram. Chinese platinum bar stayed flat at around CNY 320.00 ($52.17) per gram.

The price of US gold bullion increased 0.2 percent to $1,387 per ounce. Indian gold bullion prices saw a 0.1 percent decline to INR 27,708 ($476.45) per 10 grams. After a couple of days of decreasing prices, the price of Japanese gold bullion held steady at JPY 4,376 ($44.26). The price of Chinese gold bullion remained steady at CNY 280.65 ($45.75) per gram.

After hitting a 30-day low of $21.95 per ounce on Friday, June 7, the price of US silver rose 1.2 percent on Tuesday. Japanese silver finished the day down 0.1 percent to JPY 685.00 ($6.93) per 10 grams. The price of Indian silver showed little movement yesterday at INR 43,614 ($749.95) per kilogram. The price of Chinese silver remained essentially flat at CNY 4,540 ($740.13) per kilogram.