Japanese Palladium Bar Drops 4.6%

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Metal Prices, Premium

The day’s biggest mover was Japanese palladium bar, dropping 4.6 percent to settle at JPY 2,226 ($23.28) per gram on Friday, June 14. US palladium bar prices fell 3.2 percent, landing at $732.00 per ounce last Friday. The price of Chinese palladium bar saw little movement at CNY 168.00 ($27.38) per gram.

US platinum bar closed 1.9 percent lower at $1,450 per ounce. The price of Japanese platinum bar fell 0.5 percent to JPY 4,467 ($46.73) per gram. Chinese platinum bar held its value last Friday at CNY 308.00 ($50.19) per gram.

Indian gold bullion finished the day down 1.2 percent to INR 27,570 ($475.34) per 10 grams. The price of Japanese gold bullion is back up, rising by 0.8 percent last Friday to close at JPY 4,240 ($44.35) per gram. At $1,386 per ounce, US gold bullion fell 0.2 percent last Friday. The price of Chinese gold bullion remained steady at CNY 277.90 ($45.28) per gram.

Indian silver prices saw a 1.1 percent decline to INR 43,239 ($745.49) per kilogram. Following a 0.5 percent rise last Friday, the price of Japanese silver closed at JPY 659.00 ($6.89) per 10 grams. US silver prices rose 0.3 percent to $21.85 per ounce. At CNY 4,390 ($715.34) per kilogram, the price of Chinese silver was essentially unchanged.